iPhone 18 Pro Launch Sales Edge 3.1% Above iPhone 17 Pro, Counterpoint Says
AAPL sits 41% above its 52-week low of $243.42.
Summary
Counterpoint Research says global iPhone 18 Pro sales in the first three weeks after launch ran 3.1% ahead of the iPhone 17 Pro series over the same window. The gain is real but thin, and the firm describes the start as mixed: strong in China and India, softer in other markets. That matters because iPhone revenue jumped 22% to $54.3B in the June quarter, and the Q4 guide of 9-11% growth came in about a point below consensus, so any read on whether the new lineup holds that momentum is worth having. A 3.1% early edge is not a demand blowout, and the regional split suggests the upside is concentrated rather than broad. Apple's fiscal Q1 report, the first full quarter of iPhone 18 sales, is the next hard data point.
At the time of this announcement, AAPL was trading at $343.56 on NASDAQ in the Technology sector, with a market capitalization of approximately $5T. The 52-week trading range was $243.42 to $351.73. This news item was assessed with positive market sentiment and an importance score of 7 out of 10. Source: Reuters.