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flag iPhone 17 Pro models drive strong sales, boosting Apple’s revenue forecast and stock outlook.

flag Apple’s iPhone 17 series is selling stronger than expected, with the Pro and Pro Max models driving demand and prompting Morgan Stanley to raise production forecasts to the low 90 million range. flag Strong early sales, extended shipping times, and higher average selling prices are boosting revenue projections, with analysts projecting fiscal 2026 iPhone revenue of $230.3 billion. flag Despite weaker-than-expected demand for the iPhone Air, Apple is increasing output and preparing for the upcoming iPhone 18 lineup, which may include a foldable model by late 2026. flag Analysts remain optimistic about long-term growth, citing Apple’s large installed base, AI enhancements under Apple Intelligence, and a resilient ecosystem, maintaining a “Buy” rating and raising the stock price target to $298.

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