Rumors of an Apple ‘super cycle’ appear to have been greatly exaggerated
The first weekend of iPhone 16 preorder sales don’t hint at an upgrade super cycle. Apple Apple fans bought an estimated 37 million new iPhone 16s during the first weekend of pre-orders. That’s about 12.7% lower than last year’s iPhone 15 series first-weekend sales, one analyst said. Investors had speculated the 16, featuring Apple Intelligence, …