Posted 4/11/2024, 5:31:00 PM
Apple's AI iPhones Could Spur Major Upgrade Cycle Within Years
- Apple's rumored AI iPhone coming this fall could lead to a major upgrade cycle like with the 5G iPhone.
- Apple's stock valuation becoming more attractive amid recent share declines.
- The iPhone 16 likely to have AI features to attract buyers.
- Apple facing near-term headwinds like weakened hardware demand and slowing services growth.
- Broader AI use cases and upgrade cycle expected with 2025's iPhone 17 series.