'Don't Believe The Hype About An iPhone 16 Super Cycle,' Gurman Says: 'Consumers Will Have To Wait For The Best AI Features'
Portfolio Pulse from Shanthi Rexaline
Bloomberg's Mark Gurman suggests that the anticipated super cycle for Apple's iPhone 16 may not occur due to macroeconomic factors and limited AI features. The new iPhone will have minor upgrades, and significant AI capabilities will be delayed until future updates.
September 08, 2024 | 6:35 pm
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Mark Gurman suggests that the anticipated super cycle for Apple's iPhone 16 may not occur due to macroeconomic factors and limited AI features. The new iPhone will have minor upgrades, and significant AI capabilities will be delayed until future updates.
The article suggests that the expected super cycle for the iPhone 16 may not materialize due to macroeconomic factors and limited AI features. This could lead to a neutral short-term impact on Apple's stock as the anticipated boost in sales may not occur. However, the delayed AI features could position Apple for stronger future growth.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100