There’s no iPhone 16 ‘supercycle’, according to famed purveyor of Apple-related rumors Ming-Chi Kuo. The analyst has shared his data compiled from a supply chain survey and pre-order results from Apple’s official websites.
And the numbers paint a bleak picture for Apple. Pre-orders for the iPhone 16 series in the first weekend are estimated to be about 37 million units, down 12.7% year-on-year compared to the iPhone 15 family’s first-weekend sales. And this is regardless of the fact that first-weekend sales for the iPhone 16 and iPhone 16 Plus were up year-on-year.
Demand for the…
