Apple’s iPhone 17 series has outsold the iPhone 16 lineup by 14% during its first 10 days on sale in the US and China, driving shares to an all-time high and pushing the company toward a $6 trillion valuation.

Apple shares jumped over 4% on Monday to reach $397, bringing the company’s market capitalisation to approximately $5.9 trillion, the world’s second-largest behind chipmaker Nvidia, according to Reuters.

The strong sales momentum pushed Apple shares to record levels as investors responded to consumer demand for the new iPhone lineup launched in September.

The base iPhone 17, starting at $1,399, showed significantly stronger demand than the iPhone 16, which launched at the same price point.

According to Counterpoint Research, the improved display, additional storage, and more powe

See Full Page