SUMMARY
Market research firm Counterpoint reports that the iPhone 17 series generated over $170 billion in its first year, setting a new record for first-year revenue in the iPhone's history. While revenue doesn't solely define popularity, the iPhone 17's performance outpaced the iPhone 16 by 11%. This data aligns with Apple's own statements calling the iPhone 17 its "most popular" model. The announcement coincides with the unveiling of the iPhone 18 Pro, Pro Max, and the folding iPhone Duo, with price increases noted across several models.
TAKEAWAYS
iPhone 17 series generated over $170 billion in first-year revenue, a record for the iPhone.
This revenue figure represents an 11% increase compared to the iPhone 16 series.
The success of the iPhone 17 is highlighted amidst the launch of new iPhone 18 models and a folding device.
Price increases have been observed on base model iPhone 17 variants for the first time in five years.