1. iPhone sales have stagnated, yet Apple's market value has soared. 2. Delays in AI features may lead to reduced iPhone sales for select consumers. 3. About 300 million iPhones have not upgraded in over four years. 4. Apple's business model resembles utilities, providing stable, reliable demand. 5. Warren Buffett views Apple as a utility-like investment despite technological delays.
Despite stagnating iPhone sales, Apple's market value continues to grow, reflecting strong brand loyalty. Historical performance shows that even flat sales have not hindered stock growth.
The insights regarding consumer dependency on iPhones indicate sustained demand, which can affect AAPL's price positively over time. Additionally, flat sales do not deter investment confidence, especially among major investors like Warren Buffett.
The demand for iPhones will persist as users require replacements. Long-term upgrades will continuously drive revenue, similar to utility services.