Apple's iPhone 16 May Not 'Fuel A Gold Rush Of Purchases' But Next Iteration Will Likely Return Flagship Product To Meaningful Growth, Says Gurman
Portfolio Pulse from Shanthi Rexaline
Apple's upcoming iPhone 16 is not expected to drive significant sales growth due to minimal changes from the current models. However, the iPhone 17 and a new iPhone SE in 2025 are anticipated to bring meaningful growth with more substantial updates.
August 11, 2024 | 9:31 pm
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Apple's iPhone 16 is not expected to drive significant sales growth due to minimal changes. However, the iPhone 17 and a new iPhone SE in 2025 are anticipated to bring meaningful growth with more substantial updates.
The iPhone 16's lack of significant new features is unlikely to drive a surge in sales. However, the anticipated updates in the iPhone 17 and a new iPhone SE in 2025 are expected to bring meaningful growth, which could positively impact Apple's stock in the long term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100