Apple employees can already purchase the iPhone 16 at a discount, which may mean that the phone isn’t doing so hot.
The iPhone 16, revealed at what was perhaps the most boring Apple event ever, might be seeing poor sales already. This might be because AI is the only reason for buying an iPhone 16 — with said AI not even being out yet — or it may have to do with other factors. Apple analyst Ming Chi Kuo and Bloomberg’s Apple insider Mark Gurman gave their thoughts regarding recent sales.
Kuo, renowned for providing accurate insights into Apple’s business, claims that the new iPhone is already available for purchase by Apple employees. For context, employees can purchase the newest iPhone at an employee discount each year. Kuo says that, before now, employees have had to wait several weeks before they could put in their discounted order.
