When Tim Cook began talking about the iPhone 16 at the latest event Apple shares began dropping almost immediately.
It’s not just you, the iPhone 16 reveal was perhaps the most boring Apple event ever. In fact, it was so underwhelming that Apple stock began dropping immediately after Tim Cook moved on to Apple’s newest phones. That’s got to hurt.
The iPhone 16 is hardly a bad phone in any sense but there was almost nothing new introduced for Apple’s next lineup. Apple Intelligence, arguably the only reason for buying an iPhone 16, isn’t even exclusive to the new phones. It’s also quite clear Apple desperately wants to sell you on AI, hence the new videos showing off Apple Intelligence.
