iPhone 15 Pro Models and iPhone 13 Discontinued By Apple: Here's Why
Portfolio Pulse from Ananya Gairola
Apple Inc. (NASDAQ:AAPL) has discontinued several products, including the iPhone 15 Pro models and iPhone 13, as part of its annual product streamlining. This move comes amid mixed reports about the demand for the new iPhone 16, with some analysts predicting weak demand due to a lack of compelling features.
September 23, 2024 | 7:26 am
News sentiment analysis
Sort by:
Ascending
NEUTRAL IMPACT
Apple has discontinued the iPhone 15 Pro models and iPhone 13, among other products, to make way for newer models. This is a routine practice but comes amid mixed demand reports for the new iPhone 16.
The discontinuation of older models is a routine practice for Apple, aimed at streamlining their product lineup. However, the mixed demand reports for the iPhone 16 could create uncertainty about Apple's short-term sales performance, potentially affecting stock prices. The impact is neutral as the discontinuation is expected, but the demand for new models is uncertain.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100