iPhone 17 Goes on Sale Globally, Apple's Stock Price Hits a New High

  • 2025-09-20

 

It was learned on September 19 local time that the U.S. House of Representatives passed a seven-week temporary funding bill with 217 votes in favor and 212 against, providing government funding until November 21 and avoiding an imminent government shutdown.

The Golden Dragon Index fluctuated and rose. Pony.ai surged by 15%, Alibaba increased by 1.31%, JD.com once rose by over 1.6%, and NIO once gained nearly 3%.

Apple rose by over 2%, with its market value increasing by $89 billion (approximately RMB 633.2 billion).

On the news front, a team of equity analysts at JPMorgan led by Samik Chatterjee pointed out in a report released on Friday: "Early demand indicators suggest that this shipment cycle is not only expected to exceed our initial expectations (which had already factored in the digestion issue after the early pull-in of iPhone 16 series shipments) but also that iPhone 17 series shipments have room for year-over-year growth."

JPMorgan analysts also stated that, driven by a more optimistic shipment outlook, they now forecast iPhone shipments for fiscal year 2026 to reach 236 million units, a slight increase of about 2% year-over-year. Combined with positive factors from the model mix, this will support mid-to-high single-digit growth in iPhone revenue.

Chinese e-commerce platform JD.com also disclosed on Friday that as of 10:00 on September 19, iPhone 17 trade-in sales were four times higher than the same period last year.

In Mumbai, India, swarms of Indian "Apple fans" rushing to buy the new iPhone once triggered a small-scale conflict, and scenes of brawls at the entrance of Apple stores attracted global investors' attention.

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