Apple Says It's Seeing More iPhone Upgrades Than Ever With Apple Intelligence Rollout
1. Record iPhone upgrades occurred in fiscal Q1, exceeding previous periods. 2. iPhone 16 sales improved where Apple Intelligence features are available. 3. China's market saw an 11% revenue decline due to missing AI features. 4. Apple anticipates launching more AI capabilities, enhancing user experience. 5. Cook expects Apple Intelligence to become mainstream with user base growth.