Apple's iPhone 16 Powers Record Sales In Q3, Just Behind Samsung In Global Market Share Battle
Portfolio Pulse from Rounak Jain
Apple's iPhone 16 has driven record sales for the company in Q3 2024, capturing an 18% market share, just behind Samsung. Despite mixed analyst opinions, the iPhone 16 series is expected to boost Apple's performance into 2025.
October 15, 2024 | 11:35 am
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Apple's iPhone 16 has driven record sales in Q3 2024, capturing an 18% market share. Analysts have mixed views, but the iPhone 16 series is expected to enhance Apple's performance into 2025.
Apple's record sales in Q3 2024, driven by the iPhone 16, indicate strong market performance. Despite mixed analyst opinions, the iPhone 16 series is expected to continue boosting Apple's performance, suggesting a positive short-term impact on AAPL stock.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 90