7 Products Apple Will Likely Discontinue Next Week After iPhone 16 Launch
Portfolio Pulse from Benzinga Neuro
Apple Inc. (NASDAQ:AAPL) is expected to discontinue several products, including the iPhone 15 Pro and Apple Watch Series 9, following the launch of the iPhone 16 series at its 'Glowtime' event. The discontinuation aligns with Apple's strategy to make room for new models, with the iPhone 16 anticipated to feature AI capabilities.
September 03, 2024 | 8:26 am
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Apple is likely to discontinue several products, including the iPhone 15 Pro and Apple Watch Series 9, to make way for the iPhone 16 series. The new lineup is expected to feature AI capabilities, potentially boosting demand and impacting stock prices positively.
The discontinuation of older models is a strategic move to focus on the new iPhone 16 series, which is expected to feature AI capabilities. This aligns with Apple's history of phasing out older products to boost sales of new models. Analysts anticipate a positive impact on Apple's stock due to the expected demand surge for the iPhone 16.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100