The iPhone 16 series has experienced a 12% decline in sales compared to its predecessor, the iPhone 15, during its initial launch week. This downturn is largely attributed to reduced demand for the Pro models, increased competition from Chinese brands, and delays in the rollout of Apple's new features.
While the standard models boast a new A18 chip and enhanced cameras, the Pro versions include larger screens and an innovative Action button. Additionally, replacement battery costs have surged, raising concerns among consumers.
Despite these challenges, Apple sold 37 million units over the opening weekend, although revenue from iPhones has seen a decline. As the company navigates these hurdles, the future of the iPhone 16 remains uncertain.
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