<div id="readability-page-1"><p><strong>Apple</strong> <span>(AAPL<span> 3.26%</span>)</span> stock is posting significant gains in Friday's trading. The company's share price was up 3.3% as of 3 p.m. ET. Meanwhile, the <strong>S&amp;P 500</strong> <span>(^GSPC<span> 0.50%</span>)</span> was up 0.3%, and the <strong>Nasdaq Composite</strong> <span>(^IXIC<span> 0.63%</span>)</span> was up 0.4%.</p> <p>In addition to positive momentum for the broader market today, especially tech stocks, Apple is getting a lift from a potentially bullish demand indicator for its iPhone lines. According to a recent report from <em>The Information</em>, the tech giant has instructed its manufacturing suppliers to increase production of its base-level iPhone 17 mode. </p> <div><p><img src="https://imageproxy.pbkrs.com/https://g.foolcdn.com/image//query-b3A9cmVzaXplJnVybD1odHRwczovL2cuZm9vbGNkbi5jb20vZWRpdG9yaWFsL2ltYWdlcy84MzQzODYvZ2V0dHlpbWFnZXMtMTI5MjUzMTE2MS5qcGcmdz03MDA?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="700" height="466" original-src="https://imageproxy.pbkrs.com/https://g.foolcdn.com/image//query-b3A9cmVzaXplJnVybD1odHRwczovL2cuZm9vbGNkbi5jb20vZWRpdG9yaWFsL2ltYWdlcy84MzQzODYvZ2V0dHlpbWFnZXMtMTI5MjUzMTE2MS5qcGcmdz03MDA"/></p><p>Image source: Getty Images.</p> </div> <h2>Apple stock rises on iPhone 17 news</h2> <p>According to the recent report, Apple has increased its orders for entry-level iPhone 17 models. The basic iPhone 17 models retails at a price of $799. Meanwhile, the iPhone 17 Pro model sells at $1,099. News that Apple is moving to increase production for one of the models in its iPhone 17 line is generally encouraging, but there could be some complicating factors.</p>  <h2>What's next for Apple?</h2> <p>Increased production output for Apple's entry-level iPhone 17 model seems like a positive demand indicator, but it also comes with some margin concerns. While a rise in production output for the base-level iPhone 17 suggests that the model is doing better than expected, it also raises questions about whether other iPhone 17 products may be underperforming. If so, it could reflect general consumer hesitance when it comes to the latest iPhones that winds up actually being a net negative for Apple.</p>                                                                            </div>

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<p>Apple (AAPL) stock rose 3.3% in Friday's trading, outperforming the S&P 500 and Nasdaq. The increase is attributed to a report indicating that Apple has instructed suppliers to boost production of its entry-level iPhone 17 model, retailing at $799. While this suggests strong demand, it raises concerns about the performance of other iPhone 17 models and potential consumer hesitance.</p>

- Apple stock is experiencing significant gains, up 3.3% in Friday's trading, outperforming the S&P 500 and Nasdaq Composite.  
- The increase is attributed to a report indicating that Apple has instructed suppliers to boost production of its entry-level iPhone 17 model, priced at $799.  
- While this suggests strong demand for the base model, it raises concerns about the performance of other iPhone 17 variants and potential consumer hesitance.  

Why Apple Stock Is Gaining Today