On October 19, reports surfaced indicating that Apple's brand-new iPhone 17 is driving the company's smartphone sales towards the most robust post-pandemic growth. This is largely attributed to its most substantial redesign in recent memory, which has triggered a wave of excitement in the market. Data from Visible Alpha reveals that analysts anticipate Apple's smartphone revenue to bounce back with a 4% uptick in the current fiscal year, amounting to $209.3 billion. Moreover, they foresee a nearly 5% rise in fiscal 2026, with iPhone revenue expected to hit $218.9 billion. In the fiscal year that concluded in September 2023, Apple's smartphone revenue took a 2% hit and showed no significant change the following year. This stagnation was largely due to the fact that consumers had already splurged on electronics during the pandemic. On October 30, Apple is set to unveil its fourth-quarter results, encompassing the initial weeks following the iPhone 17's market debut.