AI-Driven iPhone 16 Expected to Boost Apple Sales
Wedbush analysts suggest Apple's upcoming AI-driven iPhone 16 launch, expected in September, may trigger a major growth phase—referred to as a "supercycle"—for the tech giant. Initial shipments could exceed 90 million units, surpassing market expectations and reflecting a double-digit year-over-year increase. Analysts estimate that around 300 million iPhones have not been upgraded in over four years, setting the stage for significant sales of over 240 million units in fiscal 2025. China remains a crucial market for Apple's growth as the company anticipates a "golden upgrade cycle."
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