Core Insights - Demand for the iPhone 17 is expected to positively impact Apple Inc's stock price, but investor patience is crucial for assessing sales demand through the September and December quarters [1] Group 1: iPhone 17 Demand and Lead Times - Analysts are monitoring lead times for the iPhone 17, which indicate strong demand for the new smartphone [2] - Global lead time data shows that wait times for the iPhone 17 are approximately 2.29 weeks, which is 13% longer than the 2.02 weeks for the iPhone 16 [3] Group 2: Earnings Expectations - The upcoming fourth-quarter earnings report on October 30 will include limited results from the iPhone 17, with more significant demand expected in the next fiscal year [4] - A small miss on fourth-quarter iPhone estimates is anticipated, but first-quarter numbers are expected to more than offset this [4] - iPhone growth for the fourth quarter is estimated at 9%, slightly below the 10% whisper number, while first-quarter revenue growth is expected to exceed 10% [5] Group 3: Long-term Projections - For fiscal 2026, iPhone revenue growth is projected to be over 8%, surpassing current expectations of 5% [6] Group 4: Stock Performance - Apple stock closed at $247.66, up 0.97%, with a year-to-date decline of 1.10% in 2025 [7]