Apple’s iPhone 17 is reportedly seeing strong demand on its first day of availability.By completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our Privacy Policy and Terms and Conditions .Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required.The latest generation of the iPhone lineup, including iPhone 17, iPhone Air, iPh ...

Annice Lyn / Getty Images Shares of Apple climbed as the tech giant’s new iPhone 17 went on sale around the world. Key Takeaways The Dow, S&P 500, and Nasdaq edged higher Friday afternoon, leaving them on track to close the week at new highs. Shares of Apple climbed as the tech giant’s new iPhone 17 went on sale around the world. Lennar shares slid after the homebuilder posted quarterly results that missed analysts' estimates. The Dow, S&P 500, and Nasdaq edged higher Friday afternoon, leaving the ...

iPhone 17, iPhone Air, iPhone 17 Pro, iPhone 17 Pro Max, our new Apple Watch lineup, and AirPods Pro 3… what a day!So thankful to be with our incredible teams and customers celebrating at Apple Fifth Avenue! https://t.co/oECgNPFD5p ...

Meta's new Ray-Ban Display is a major leap forward for smart glasses, but analysts think improvements on price, weight and battery life are needed to win over everyday consumers. ...

Core Insights - Meta's new smart glasses technology faced multiple demo failures during the Meta Connect developer conference, raising concerns about the reliability of the product [1][2][3] Group 1: Product Overview - Meta introduced three new pairs of smart glasses: an upgraded version of Ray-Ban Meta, a new Meta Ray-Ban Display with a wristband controller, and the sports-focused Oakley Meta Vanguard [1] - The failures occurred during live demonstrations, including a cooking demo and a WhatsApp video call [2][3] Group 2: Technical Issues - The cooking demo failed because the command to start the Live AI triggered all Ray-Ban Meta glasses in the venue, overwhelming the system [6][8] - Bosworth explained that the issue was due to a mistake in resource management planning, leading to a self-inflicted DDoS situation [9][10] - The WhatsApp call failure was attributed to a new bug where the smart glass display went to sleep, causing a race condition that prevented the call notification from appearing [11][12] Group 3: Company Response - Despite the demo failures, Bosworth expressed confidence in the product's capabilities, stating that the issues were merely demo failures and not indicative of product failure [12][13]

Apple stock gained ground Friday as the company's latest generation of iPhones officially hit store shelves worldwide, with early demand indicators suggesting stronger-than-expected consumer appetite. ...

Core Insights - Apple Inc.'s iPhone 17 series has experienced strong demand in India, with top models selling out on the first day of sales, indicating a successful launch despite concerns over slow innovation in artificial intelligence [1][13] Sales Performance - Preorders for the iPhone 17 series were nearly 10% higher than last year, with expectations of a 19% year-on-year sales surge in the first week [2][7] - Analysts predict Apple will surpass 5 million iPhone sales in India this quarter, marking the 15th consecutive quarter of record sales [2][3] - The base model of the iPhone 17 has seen a 30% increase in preorders compared to the iPhone 16, suggesting a strong upgrade interest among consumers [6] Market Trends - The initial demand for the iPhone 17 series is reported to be 19% higher than that of the iPhone 16 series, reflecting Apple's successful strategy in the premium market segment [7][8] - The festive season is expected to boost sales by 28% compared to last year, contributing to another record year for Apple in India [8] Supply Chain and Production - Supplies of the Pro and Pro Max variants were limited, with only 3% available during the first round of sales, but a second round of supplies is expected soon [9][10] - All units of the iPhone 17 and 17 'Air' are assembled in India, while Pro variants have mixed sourcing to meet global supply chain demands [11] Financial Impact - The iPhone 17 is anticipated to contribute up to 15% of Apple's smartphone sales in India for the September quarter, translating to approximately 700,000 units sold in the last 11 days of the quarter [12] Competitive Landscape - Despite strong demand for the iPhone 17, analysts note that Apple is lagging behind competitors like Google and Microsoft in AI integration, which has not significantly impacted current sales [13][14]

About this content About Emily Jarvie Emily began her career as a political journalist for Australian Community Media in Hobart, Tasmania. After she relocated to Toronto, Canada, she reported on business, legal, and scientific developments in the emerging psychedelics sector before joining Proactive in 2022. She brings a strong journalism background with her work featured in newspapers, magazines, and digital publications across Australia, Europe, and North America, including The Examiner, The Advocate, ...

智通财经APP获悉，周五，苹果(AAPL.US)涨2%，报242.81美元。消息面上，9月19日，苹果iPhone 17 系列新机正式发售。京东数据显示，iPhone 17 系列新品在京东预售开1分钟，成交量即超去年全天，刷 新销售纪录。截至上午10点，iPhone 17以旧换新销售量是去年同期4倍。而淘宝闪购在开售一小时 内"iPhone 17"搜索量增长逾千倍。 （原标题：美股异动 | 苹果(AAPL.US)涨2% iPhone 17系列发售首日火爆） ...

Group 1 - Apple's CEO Tim Cook stated that the recent price increase of the iPhone is not related to the tariffs imposed by President Trump, clarifying that the price does not include tariff increases [1] - The iPhone 17 Pro model's price was raised by $100, while the entry-level model's price remained unchanged, and a new Air model was introduced at a higher price [1] - Analysts had previously expected Apple to raise product prices due to global supply chain pressures and tariff issues, but Cook's comments dispelled these speculations [1] Group 2 - Apple has adjusted its supply chain by shifting some iPhone production to countries like India and Vietnam to mitigate cost pressures from tariffs, although China remains the primary production base [1] - Cook has emphasized Apple's commitment to supporting U.S. manufacturing, with a pledge to invest at least $600 billion to strengthen domestic manufacturing and support suppliers [1] - In the second quarter of fiscal year 2025, Apple faced a financial impact of up to $800 million due to tariff-related costs, highlighting the pressures from global supply chain adjustments [2] Group 3 - Apple's strategy in the artificial intelligence (AI) sector has come under scrutiny, as it is perceived to be lagging behind competitors like OpenAI and Google in generative AI products [2] - Cook responded to concerns by stating that AI technology is integrated throughout the iPhone, particularly in image processing and voice interaction, and that Apple will continue to drive innovation in this area [2]