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Thursday, July 11, 2024

Massive upgrade cycle by Apple

 Massive upgrade cycle is expected from Apple after iPhone 16 launch      

Sources revealed that Apple is expecting huge sales growth with the new iPhone 16 line up. The reports predict a “monumental” demand and a “massive upgrade cycle” driven by AI. It is called a massive upgrade cycle for the forthcoming iPhone 16 range, and even an end to Apple's problems in China. Sources also expect bullish round about Apple since WWDC. In particular, the firm is excited about Apple's chance to grow iPhone sales.

All predictions are based on supply chain checks in Asia. China has seen its last negative growth quarter for the iPhone. There will be a growth turnaround in the September quarter, when the new iPhones are launched. Analysts are going further in their expectations for Apple's growth, however. As per supply chain checks in Asia, demand for the iPhone 16 looks likely to be "monumental" and "a massive upgrade cycle."

Apple has made itself the consumer gatekeeper of AI features. Sources also revealed that if Apple implements its AI features to all 2.2 billion active devices and push AI developers to follow the same integration model that Apple has announced with OpenAI's ChatGPT. Other firms joining in this way will make for a "multi-pronged AI revenue stream," that would add $10 billion in annual growth for Apple. Unspecified monetization opportunities that would drive up both Apple Services and hardware sales would also increase the company's share price. Separately, Apple has been candid about discussing with Google to integrate its Google Gemini feature. It has reportedly rejected a potential integration of Facebook owner Meta's AI software. 





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