iPhone 16 gross sales could possibly be pushed by AI demand
Funding agency Wedbush is bullish on Apple AI and its impact on iPhone 16 gross sales, suggesting it’s going to drive a supercycle going into 2025.
It calls the unique AI options coming to iPhone 16 a setup for a renaissance of development that sparks an enormous overdue improve cycle into 2025. China’s slowdown will see a turnaround too, with an expectation that June would be the final and lowest destructive development quarter, resulting in a optimistic flip in September.
Apple has hinted at its AI push in 2024, and all eyes are on WWDC, the place iOS 18 and the opposite working system updates will likely be revealed. If there is a time for Apple to go all in on AI, it is with the working system releasing alongside iPhone 16, therefore buyers’ bullishness.