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Barchart
Aditya Raghunath

Apple Is Making Huge China Market Share Wins. Does That Make AAPL Stock a Buy Here?

Apple's (AAPL) resurgence in China is turning heads, as the iPhone 17 series accounts for one in four smartphones sold in the world's largest mobile market. The 37% year-over-year (YoY) sales jump in October marks the first time Apple has hit this milestone since 2022, when competition in the premium segment was considerably weaker. 

Every iPhone 17 model, from the base version to the Pro Max, is outperforming its iPhone 16 predecessor by double-digit percentages, validating CEO Tim Cook's confidence that the company will return to growth in China this quarter.

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