Apple’s iPhone 17 series has set a record with over $170 billion in global wholesale revenue during its first year of sales, surpassing the iPhone 16 series by 11%. Strong demand for the base iPhone 17, robust upgrades, and China’s 35% revenue surge were key drivers.
Apple's iPhone 17 Pro Max in cosmic orange sold out within three days of pre-orders in the US and India. High demand, limited availability, and production constraints—especially due to China—have created supply challenges despite increased output from Apple’s India facilities
