The iPhone 16 lacks new features and a new AI smartphone is years away, wrote analysts on Sunday.
Much of the optimism surrounding Apple this year came from its June announcement of Apple Intelligence, the company's take on artificial intelligence.
In Sunday's note, Lee forecasted "flattish volume growth" in the second half of 2024 for iPhone 16 compared to the iPhone 15, and only 2.5% growth in lifecycle volume for the iPhone 16.
AdvertisementTo be sure, not all analysts think the delay in introducing Apple Intelligence will hurt the company.
He said that he gives little credence to third-party reports of iPhone 16 sales.
Persons:
Jefferies, —, Edison Lee, Siri, Lee, Gil Luria, Davidson
Organizations:
Service, Apple Intelligence, Bloomberg, D.A, Apple