- iPhone 16 news updates reveal Apple has boosted orders for the new AI-equipped iPhones by over 10%, preparing for 88 to 90 million units.
- Analyst Erik Woodring predicts the iPhone 16 will unlock pent-up demand and accelerate the iPhone replacement cycle, positively impacting Apple’s stock.
- Apple’s annual iPhone launch event, “Glowtime,” is scheduled for September 9, where the iPhone 16 series is expected to be showcased.
- In a surprising move, Apple laid off about 100 employees from its services division, mainly affecting the Apple Books app and Bookstore teams.
- Wedbush analyst Dan Ives anticipates a “historical period” for Apple, driven by the upcoming launch of the iPhone 16 series.
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