iPhone 17 Line Drives Optimism for Future Growth, analyst Reports
Cupertino, CA – Early sales data for the iPhone 17 lineup are exceeding expectations, fueling increased optimism within Apple regarding future revenue growth, according to a new report. The strong performance is attributed to a combination of factors, including a large installed base of users due for upgrades and the anticipated launch of a foldable iPhone alongside six new iPhone models in the next product cycle.
The positive trend suggests Apple could see high-single digit year-over-year iPhone revenue growth extending into fiscal year 2027, even without factoring in potential contributions from advancements in artificial intelligence. This assessment comes as Apple prepares to release its next quarterly earnings report at the end of october, wich will provide a more detailed picture of the iPhone 17’s performance.
According to the report, ”an aged iPhone installed base in need of upgrades – combined with the first-ever Foldable iPhone and 6 total new iPhone launches next cycle…supports high-single digit Y/Y iPhone revenue growth extending into FY27, even before we make any assumptions around AI.” The strength of the iPhone 17 line has already raised sales expectations for the iPhone 18, independent of any anticipated benefits from Apple’s AI initiatives.
apple is currently gauging consumer interest in the iPhone 17 series, and invites readers to share their experiences and observations in the comments section. The company also features a banner advertisement for iMazing, an iPhone backup and management software.
