Tech titan Apple (AAPL) released its latest iOS statistics and revealed that 68% of all iPhone users have adopted its iOS 18 operating system. This adoption rate is similar to what Apple experienced with iOS 17 back in 2024. The statistics also show that iPhone owners with devices four years old or younger are more likely to be using iOS 18, with a 76% adoption rate.
Invest with Confidence:
- Follow TipRanks' Top Wall Street Analysts to uncover their success rate and average return.
- Join thousands of data-driven investors – Build your Smart Portfolio for personalized insights.
This also provides insight into the usage of older iOS versions. Indeed, 19% percent of iPhone users are still using iOS 17, while 13% are running on iOS 16 or older operating systems. However, for iPhone users with devices four years old or younger, the number of users running older versions drops to 5%.
In addition to iOS statistics, Apple also released data on iPadOS adoption. Interestingly, 53% percent of all iPad users are running iPadOS 18, but this number increases to 63% for iPads that are four years old or younger. It is worth noting that the latest versions of iOS and iPadOS include significant updates, such as Apple Intelligence, which likely contributed to their strong adoption rates.
Is Apple a Buy or Sell Right Now?
Overall, analysts have a Moderate Buy consensus rating on AAPL stock based on 19 Buys, seven Holds, and four Sells assigned in the past three months, as indicated by the graphic below. After a 15% rally in its share price over the past year, the average AAPL price target of $243.24 per share implies 9.2% upside potential.
