<div id="readability-page-1"><div><div><p><strong>Apple Inc.</strong> <span>AAPL</span> shares got a boost on Friday after which Wedbush Securities analyst <strong>Dan Ives</strong> raised his price target to $310, citing strong early demand for the <strong>iPhone 17</strong> lineup.</p><p>Apple shares rose 3.2% on Friday to $245.50, extending their one-month gain to 7.79%, according to Benzinga Pro.</p><h2><strong>Ives Raises Price Target On Strong iPhone 17 Cycle</strong></h2><p>Over the weekend, Ives said the launch of Apple's latest flagship devices is exceeding expectations, with demand trends already outpacing last year's cycle.</p><p>&#34;Raising price target on Apple to $310 based on the early strong demand signs coming out of the iPhone 17 cycle,&#34; Ives wrote on <strong>X</strong>, formerly <strong>Twitter</strong>. &#34;With iPhone 17 officially going on sale we are positively surprised on the demand trajectory…units appear to be tracking 10%-15% ahead of iPhone 16 thus far.&#34;</p><h2><strong>iPhone 17 Sparks Global Demand Surge</strong></h2><p>The iPhone 17 series has seen strong consumer turnout in China and India. In China, the Pro Max model, starting at 9,999 yuan ($1,406), has quickly emerged as the top seller.</p><p>In Beijing, roughly 300 customers lined up outside Apple's flagship store on launch day.</p><p>Buyers highlighted the larger 6.3-inch display with 120Hz ProMotion, new orange colorway, longer battery life, and the 256GB base storage option as key selling points.</p><p>India also witnessed large crowds in Mumbai and Delhi, with Apple's retail partners offering cashback, trade-in discounts and bundled deals to drive sales.</p><h2><strong>Analysts See Market Share Rebound In China</strong></h2><p>Apple has struggled in China amid pressure from rivals <strong>Huawei Technologies</strong> and <strong>Xiaomi</strong> <span>XIACF</span>, but analysts say the iPhone 17 could deliver a year-end lift.</p><p>JPMorgan's Samik Chatterjee noted demand is &#34;tracking modestly ahead&#34; of iPhone 16, while Omdia senior analyst<strong> Chiew Le Xuan</strong> projected an 11% rise in shipments in China for the second half of 2025, contributing to 5% full-year growth.</p><p>Bank of America Securities also raised its price target to $270, citing Apple's strength in international markets and ongoing AI integration.</p><h2><strong>Apple's Hardware-First Strategy</strong></h2><p>Despite lagging competitors in AI features, Apple has leaned on design and engineering upgrades to reignite enthusiasm.</p><p>Bloomberg's Mark Gurman reported that, unlike the iPhone 16, which underwhelmed, the iPhone 17 Pro and Pro Max have impressed with enhanced durability, camera upgrades, and performance improvements.</p><p><strong>Benzinga’s Edge Stock Rankings </strong>show that AAPL continues to trend upward over short, medium and long-term periods, with further performance insights available here.</p><ul> <li><strong>Apple May See Fewer Searches In Safari, But Google CEO Sundar Pichai Insists AI Is Fueling Overall Query Growth: ‘Far From A Zero-Sum Game'</strong></li> </ul><p><em>Photo: Wongsakorn 2468 / Shutterstock.com</em></p></div></div></div>

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<p>Wedbush Securities analyst Dan Ives raised Apple's price target to $310, citing strong demand for the iPhone 17, which has exceeded expectations. Apple shares rose 3.2% to $245.50, marking a 7.79% gain over the past month. The iPhone 17 series has seen significant consumer interest in China and India, with early sales tracking 10%-15% ahead of the iPhone 16. Analysts predict a rebound in market share in China, with Bank of America also raising its price target to $270 due to Apple's international strength and AI integration.</p>

- Apple Inc. shares rose 3.2% to $245.50 after Wedbush analyst Dan Ives raised the price target to $310, citing strong demand for the iPhone 17.  
- The iPhone 17 series has seen significant consumer interest in China and India, with early sales tracking 10%-15% ahead of the iPhone 16.  
- Analysts predict a rebound in market share for Apple in China, with projected shipment increases contributing to overall growth in the second half of 2025.

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Dan Ives Hikes Apple Price Target To $310, Says 'Positively Surprised' On Demand Trajectory For iPhone 17