Apple's iPhone 17 drove a 22% revenue jump to $57 billion in fiscal Q2 2026, setting a March-quarter record. CEO Tim Cook reported strong upgrades and first-time buyers. With a $4.3 trillion market cap and half of revenue from iPhone, a foldable model could sustain momentum beyond AI.
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Summary by ByteBrief
Innodata: The Bull Case Got Stronger, The Valuation Got Harder