Wall Street Worries as Short iPhone 16 Shipping Times Suggest Weak Demand

Wall Street analysts are concerned about the initial sales performance of Apple`s iPhone 16 lineup due to shorter shipping times compared to previous years. This ease of availability suggests potentially weaker demand than for earlier models. Analysts note that wait times for the high-end iPhone 16 Pro models are significantly shorter than for their predecessors. While supply chain issues don`t seem to be a factor, and Apple might have simply increased production, the short lead times could also indicate that consumers are waiting for the release of Apple Intelligence, a major new feature, later this year. Despite the potential sales concerns, the iPhone 16 still boasts notable improvements, including enhanced cameras, better battery life, and the addition of the Action Button on certain models.