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Is the Apple 'Super Cycle' coming with the arrival of the iPhone 16?
Bullish views believe that there is strong demand for iPhone upgrades and AI functionality will be a major selling point; bearish views, on the other hand, believe that the iPhone 16's features are not so stunning, the user experience is still unclear, and considering that some AI features will not be launched until next year, consumers may wait until next year to upgrade.
What to Expect From Apple's iPhone 16 Launch
Will the new iPhone trigger a wave of upgrades? Citigroup highly praises Apple's AI potential and lists it as the preferred stock, with a target price as high as $255.
Citi believes that the AI industry will transition from the infrastructure phase to the device phase, and Apple is expected to shine in the AI device era with "Apple Intelligence". AI will also be a major highlight of Apple's September new product launch event. IDC forecasts that by 2028, over 70% of smart phones will have generative AI capabilities.
The new iPhone is starting to be produced in India, analyst: The more valuable supply chain still remains concentrated in China.
①Insiders revealed that the india apple supply chain has started production of the new iPhone 16 series, including some Pro models; ②This also marks the first time that Chinese and Indian factories have worked together to assemble the latest iPhone; ③Supply chain sources revealed that in order to ensure stable supply during the launch period, the high-end models will still be mainly produced by Chinese factories.
Apple is again reported to be rare layoffs! The service department will lay off nearly a hundred people, focusing on betting on AI?
Apple Inc. has taken the rare step of layoffs, with the team responsible for the Apple Books application and Apple Bookstore being the most affected.
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