apple

The iPhone 16 series has not met Apple’s usual high demand expectations, particularly for its Pro models. Pre-order figures have fallen short, with the iPhone 16 Pro Max experiencing a 16% decline compared to its predecessor. Delays in the release of Apple Intelligence, coupled with increased competition from Chinese smartphone brands and marginal product upgrades, have contributed to this slowdown. As the market reacts with stock dips, Apple faces a critical challenge in reinvigorating demand and maintaining its market dominance.