Wall Street Concerns Over iPhone 16 Demand as Shipping Times Decrease

Reported 11 days ago

Wall Street analysts are expressing concerns about lower-than-expected demand for Apple's new iPhone 16 lineup, as evidenced by shorter shipping times compared to previous launches. Analysts note that the average lead time for the iPhone 16 is significantly lower than for the iPhone 15 and 14 models. Factors affecting this trend may include a more efficient supply strategy by Apple and potential consumer hesitation to upgrade until the launch of the new 'Apple Intelligence' feature expected later this fall.

Source: YAHOO

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