**Apple Shares Rise Amid Wall Street Praise and Strong iPhone 17 Sales Data**
*October 20, 2025 – 8:15 AM ET*
Apple Inc. shares rose 1.5% in premarket trading on Monday following positive news from Wall Street investment firms and encouraging iPhone 17 sales data reported by Counterpoint Research.
Loop Capital analyst Ananda Baruah upgraded Apple’s rating from Hold to Buy, citing strong demand for the new iPhone 17 series. According to Counterpoint Research, the iPhone 17 has outsold the iPhone 16 by 14% during its first 10 days in both the U.S. and China.
The base model of the iPhone 17 is driving significant sales gains, particularly in China. Meanwhile, carrier subsidies in the U.S. have made the Pro Max model more accessible to customers, boosting its sales and reinforcing premiumization trends within the Apple ecosystem.
This upbeat data and analyst optimism have contributed to Apple’s positive momentum in the market.
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