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Apple Stock Soars 3.4% on Upcoming iPhone 17 Air Launch

Mover TrackerWednesday, Apr 23, 2025 7:18 am ET
1min read

On April 23, 2025, Apple's stock rose by 3.4% in pre-market trading, reflecting investor optimism ahead of the company's upcoming product launches and strategic initiatives.

Apple is set to introduce a new ultra-thin iPhone model, the iPhone 17 Air, which will be part of the 2025 lineup alongside the iPhone 17, iPhone 17 Pro, and iPhone 17 Pro Max. The iPhone 17 Air is designed to be the thinnest iPhone ever, with a thickness of just 5.5 millimeters, compared to the 8.725 millimeters of the iPhone 17 Pro series. This new model is expected to replace the Plus series and will feature a high-refresh-rate display, a first for non-Pro iPhone models.

To address concerns about the durability of such a thin device, Apple is reportedly using a titanium-aluminum alloy for the iPhone 17 Air's body, which should enhance its structural integrity. Additionally, the screen size has been adjusted from the initially planned 6.9 inches to 6.6 inches to mitigate the risk of bending. These design choices are aimed at ensuring that the iPhone 17 Air maintains the durability and performance standards that Apple is known for.

Apple's push towards self-developed components, particularly the C1 modem, is another significant development. The C1 modem, which was introduced in the iPhone 16e, is expected to be integrated into the iPhone 17 series. This move is part of Apple's broader strategy to reduce reliance on external suppliers and enhance the efficiency and performance of its devices. The C1 modem is designed to be more power-efficient, which is crucial for maintaining battery life in the ultra-thin iPhone 17 Air.

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