Apple’s share price fell dramatically on Monday. The price cut follows reports of lower-than-expected demand for iPhone 16 Pro models. Analysts believe that the delay in the supply of key features of artificial intelligence in these models has been one of the main reasons for the decrease in demand.
According to Tekna Technology Media’s mobile news service, the delay in the supply of artificial intelligence features was one of these reasons. One of the prominent features of the iPhone 16 series is the advanced artificial intelligence capabilities known as Apple Intelligence. However, this feature won’t be available at launch, and will only be available in the US English language beta version until next year. This delay has discouraged many customers from buying Pro models. Also, preliminary pre-order data shows that the delivery time of iPhone 16 Pro models is significantly shorter than the previous generation models. This indicates a decrease in demand for new models.
Analysts believe that fierce competition in the smartphone market as well as unfavorable economic conditions have affected the decline in demand for the iPhone 16 Pro. The decline in demand for the iPhone 16 Pro has directly affected Apple’s stock price. Observing this trend, investors have expressed their concern about the future of the company and sold their shares. Capital market analysts have different opinions on this issue. Some believe that the improved supply of Pro models and the gradual rollout of artificial intelligence features could lead to increased demand in the future. However, others believe that this drop in demand could be a sign that Apple’s products are becoming less attractive to consumers.
Declining demand for iPhone 16 Pro is a warning for Apple. This company must look for new solutions to maintain its position in the market and satisfy customers. Providing timely software updates, improving artificial intelligence features and reducing product prices are among the measures that can help Apple overcome this crisis. To see the latest news, refer to Tekna media technology news page.
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