Apple's Carrier Survey: iPhone 18 Sales Boosted by Strong July Spending

Apple Inc. (AAPL) was in focus on Friday as KeyBanc Capital Markets conducted its monthly carrier survey, showing some positives ahead of next month's iPhone launch. According to the survey, Indexed Spending for July increased by 9% month-over-month, which is above expectations.

The survey also noted that price hikes may slow users down, but this did not seem to have impacted sales yet. The iPhone 18 launch is expected to bring in significant revenue for Apple, and investors are closely watching the company's performance ahead of the event.