Apple is reportedly triggering a string of massive iPhone 16 sales worldwide for one reason in particular: Apple Intelligence
Without a doubt the arrival of AI at Apple with the introduction of Apple Intelligence It’s just what was needed. Seeing that other competitors like Meta and Google were moving forward and Apple without giving any news on the matter, we thought that they would be far behind and now Apple has regained an important place. Wedbush Secutiries (via AppleMagazine) predicts that The iPhone 16 will be the main beneficiary by significantly increasing its demand in terms of salesmainly in China.
Apple Intelligence and iPhone 16 to go hand in hand in 2024
To the surprise of many or a few, Apple AI will not be available on many devices. It will be limited for now to the iPhone 15 Pro, iPhone 15 Pro Max, and all iPad and Mac devices using an M1 chip.
On the investment side, Wedbush points out that major players see Apple as a “key player” in consumer AI. Previous reports indicated that Apple was falling behind, but they are now leading the way, outperforming other competitors.
Apple had only one move to confirm its superiority. The fact that Integration with third-party AI like Open AI gives you great confidence
A forecast of 270 million iPhones sold in 2024
Apple would close the year 2024 with a total of 270 million iPhones soldlargely thanks to the premiere of the iPhone 16 series and also to users who want to upgrade, at least, to an iPhone 15 Pro. Wedbush’s initial estimates
Projections are based directly on the Asian supply chainwhich also leaves those in Cupertino, China, in a good position. In addition to benefiting from iPhone demand and sales, Apple could increase its services figures. We are talking about a annual growth forecast of around $10 billion.
The icing of the caketo conclude this series of forecasts, This would mean that Apple would increase the values on its stock prices.. An increase of $30 to $40 per share. Wedbush predicts a price of $275.
Apple’s top executives have already said that its AI is not a strategy to sell more iPhones. The A17 Pro chipaccompanied by M series chips, They would be the only ones able to handle all requests. inside Apple devices so that Apple Intelligence can work. We will see what difference is there in these performances with the imminent arrival of the A18 Pro chip which would initially be exclusive to the iPhone 16 Pro series.
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