iPhone 15, iPhone 16 Shipments to Decline by Up to 15 Percent in 2024 Due to Multiple Factors: Ming-Chi Kuo

iPhone 15 series and iPhone 16 series shipments could drop by up to 15 percent this year, according to TF Securities International analyst Ming-Chi Kuo. The smartphone maker is reportedly facing competition from Huawei and other brands in China, while more customers are upgrading to foldable phones and flagship phones with generative AI or GenAI features, according to...

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