According to PhoneArena , in his report, Barclays researcher Tim Long said that this stems from the lack of major features or upgrades in the iPhone 16 series to make them more attractive. However, it should be noted that Long has been a pessimist on Apple since Barclays published research on the Cupertino company in 2019.
Will the demand for the iPhone 16 series slow down because they don't have much innovation?
Long previously noted a slowdown in growth for Apple’s services business and suggested that adding 5G support to the iPhone 12 lineup in 2020 would not lead to higher sales. However, the results suggest otherwise.
The doubts surrounding Long's comments are completely justified in the context that the iPhone 16 series is said to have a notable change in screen size on the Pro models, with the corresponding sizes for the iPhone 16 Pro and 16 Pro Max being 6.3 inches and 6.9 inches, respectively.
Not only that, the iPhone 16 Pro will also be equipped with a periscope telephoto camera like the top-end version, and all four models will have a new “Capture” button to give users the ability to start recording video with just one touch.
It is known that iPhone is Apple's most important product, accounting for about 50% of its annual revenue. As the growth rate of the product shows signs of slowing down, Apple is looking to expand its business, in which the service segment has achieved quite good revenue in recent times.
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