Apple's 'golden' AI-driven iPhone upgrade cycle isn't looking so shiny
1. Apple hasn't capitalized on Apple Intelligence hype; upgrades lag behind expectations. 2. Analysts anticipate a tepid growth cycle for iPhones initially, then more aggressive later. 3. iPhone 16 preorders dropped 12.7% year-over-year, signaling weaker consumer interest. 4. Apple's fiscal Q1 2025 earnings report on January 30 may provide insight on revenue impact. 5. Market sentiment shifts; Apple received a rare downgrade to 'sell' amid AI concerns.