Apple’s New iPhone Outsells Previous Model by 14% in US, China

Apple Inc. has reported a strong start for its latest iPhone models, with the basic model outselling the previous generation by 14% in the United States and China. This surge in popularity for the most affordable iPhone option suggests a shift in consumer demand, as customers may be opting for more budget-friendly options amidst economic uncertainty. The performance of the new iPhones is seen as a positive sign for Apple, which has faced challenges in recent years due to supply chain issues and global economic factors. The company's ability to maintain strong sales, even in the face of these challenges, highlights the enduring appeal of the iPhone brand and Apple's ability to adapt to changing market conditions.
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