Apple’s Anticipated iPhone 16 Launch in 2024 May Not Bring Positive Outcomes
Apple is looking forward to a busy 2024 and all eyes are eager to see what the company has to offer with the new iPhone 16 series this year. The first big change we saw in the iPhone 15 lineup was the debut of the USB C charging port and the dynamic island notch, which made its way to all models, including the vanilla and Plus versions.
But the upcoming iPhone 16 lineup has been called lackluster in a recent report that has wiped $100 billion off Apple’s market value in January 2024.
For a company like Apple, this is a small change, but the impact of the iPhone 16 model, which is likely to be an iterative update, will certainly put more pressure on the company. The Barclays report is concerned about Apple’s upcoming iPhone launch, its ongoing dispute in China with Huawei and the production issues it has faced over the past year.
A Barclays analyst even cited low demand for iPhone 15 models this year, and things are unlikely to change with the iPhone 16 models coming in 2024. It’s interesting to hear an analyst talk about upcoming launches, especially since most rumors so far have pointed to Apple making some major changes with the next iPhone lineup.
But since we are talking about a vanilla iPhone 16 model, it is likely that the company will bring all the major updates to the premium Pro series, which will allow the brand to make more money from its consumers, and that is ideally the right move for Apple. made great results in recent years.
