Apple's (AAPL, Financials) iPhone 16 sales have fallen short of expectations, with KeyBanc analysts reporting a 6% year-over-year decline in February, underperforming typical seasonal trends.
Apple stock fell on reports that the consumer electronics giant has delayed the release of an AI-powered upgrade to its Siri digital assistant.
A foldable Apple iPhone could be another catalyst to lead to more users switching to a new iPhone after the iPhone 16.
Apple’s decision to delay the rollout of certain AI-driven Siri features could hold back iPhone sales, analysts at Citi said ...
Apple's iPhone 16e is outselling the older iPhone SE by 60%, but analysts say the new budget model won't be enough to stop ...