What to expect from the Apple iPhone 16 event

Published On Sep 8, 2024, 8:18 AM

Apple is set to host its annual iPhone event on September 9, where it will unveil four new iPhones, including a tenth-anniversary Apple Watch and new AirPods. The spotlight will also be on the launch of its Apple Intelligence AI platform, which promises advancements in summarizing messages and emails and upgrades to Siri. While new hardware is expected to be modest, analysts predict that the new AI capabilities could stimulate a new sales cycle for iPhones as users look to upgrading. The Apple Watch will celebrate its anniversary with a redesign, and AirPods will receive updates as well.

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Positive

The launch of Apple Intelligence coupled with new iPhone models is likely to incentivize upgrades among users, particularly as the software will only run on newer phone models. This could lead to a surge in iPhone sales, positively impacting Apple's stock performance.

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