Reported 6 days ago
The iPhone 16 is not performing as well as expected, with pre-sale estimates showing a decline in sales compared to last year. Apple aimed to revive iPhone sales with new AI features, but initial demand for the higher-priced Pro models fell significantly, raising concerns over average selling prices and overall revenue. Analysts express skepticism about whether the new software upgrades will entice consumers to upgrade, although early reports suggest improvements in supply chain efficiency.
Source: YAHOO