Apple Reports Strong iPhone 17 Demand Despite AI Development Delays

Oct 29, 2025 09:25 pm CST

Apple is set to announce record quarterly sales driven by strong iPhone 17 demand in key markets despite lagging behind competitors in AI development. The new lineup has performed well in the US and China with 14% higher initial sales than its predecessor, particularly for premium Pro models, though the company still faces challenges with its AI strategy and talent retention.