Apple will introduce the iPhone 16 next fall. There are expected to be four new models that will be direct successors to the iPhone 15 line. However, a Barclays analyst note said that the new models will not have anything exceptional, which could lead to Apple facing a decline in sales in 2024.
Apple shares fell from $161 to $160, not much of a difference, according to a new research note from Barclays, but additional information suggests that the company may experience some difficulties during 2024, reports Wccftech. Its main revenue generator, the iPhone, is said to be experiencing declining sales, and the iPhone 16 won’t offer any compelling upgrades to justify the upgrade.
This is quite surprising, because Apple usually works to make marketers advertise and explain why users need a new iPhone. And according to the sources, this year should be no exception. Perhaps Barclays means that users will not take the “innovation” seriously.
All that is known about the Apple iPhone 16 is the improvement of cameras, communication, cooling and artificial intelligence