Apple iPhone 17 has once again proven its financial strength.

Advantages of Apple iPhone 17 for Investors

Recently, Apple has attracted attention in the tech world with the iPhone 17, providing significant signals not only for users but also for investors. The launch of Apple’s new product has once again highlighted the company’s financial health and growth potential.

Last Quarter's Financial Report Exceeds Expectations

Apple announced its last quarter financial report, revealing that its total revenue reached $102.47 billion and earnings per share increased to $1.85. These figures surpassed analyst expectations, indicating that the company’s gross profit margin has reached 47.18%. This situation is seen as a reflection of Apple’s production management and strategic pricing capabilities.

The Impact of iPhone 17 on Users

The launch of the iPhone 17 and 17 Pro models has rejuvenated user interest and boosted sales. According to Tim Cook, the demand for some iPhone 17 models is outpacing supply. Products facing high demand enhance the user experience to a higher level compared to previous models, reinforcing Apple’s “premium experience” strategy.

Growth in Service Revenues

With the launch of the iPhone 17, service revenues from Apple Music, iCloud, and Apple Arcade have increased by 15% to reach $24.97 billion. This indicates that users continue to embrace not only the devices but also the services offered by the Apple ecosystem.

Adding Hope for Investors

Analysts view Apple’s last quarter financial report as a positive indicator for long-term stocks. Many analysts on Wall Street have begun to raise their price targets for Apple. Evercore ISI has increased its price target for Apple from $290 to $300. JPMorgan highlighted that the strong demand generated by the iPhone 17 prompted them to raise their price target to $305.

In Conclusion

Apple continues to gain the trust of investors with its innovative products and strategic service growth. The iPhone 17 stands out as an essential factor that strengthens both user loyalty and the company's financial position.