Apple shares moved lower in early Monday trading following a trio of reports that suggest early demand for its new iPhone 16s is falling behind last year's levels. Apple , which launched its new iPhone 16 last week, is betting that the latest AI-infused iteration of its signature smartphone will reverse the recent decline in global demand. Javascript is required for you to be able to read premium content.
Thanks for the feedback..
Business
Apple stock slides as reports suggest muted early iPhone 16 demand
Apple is betting that its in-house AI, dubbed Apple Intelligence, will revive global iPhone demand.