00:00It's Benzinga, bringing Wall Street to Main Street.
00:02Apple launched the iPhone 17 worldwide on Friday, drawing long lines across the globe,
00:07according to CNBC. Apple's launch showcased the iPhone 17 Pro, Pro Max, and Air,
00:12alongside new Apple Watch and AirPods models. Global debut comes as Apple faces questions
00:16over its artificial intelligence strategy and intensifying competition, particularly in China.
00:22Consumers in Beijing and Singapore queued overnight for the new devices, citing design,
00:26battery life, camera improvements, and storage upgrades as key draws.
00:30Data from JD.com shown iPhone 17 pre-reversed in China outpaced last year's iPhone 16,
00:36with trade and sales quadrupling year over year. Analysts said early demand looks positive,
00:40but Apple must still prove itself in AI after lagging in previous products like this.
00:44For all things money, visit Benzinga.com.
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