Index Investing News
Thursday, May 29, 2025
No Result
View All Result
  • Login
  • Home
  • World
  • Investing
  • Financial
  • Economy
  • Markets
  • Stocks
  • Crypto
  • Property
  • Sport
  • Entertainment
  • Opinion
  • Home
  • World
  • Investing
  • Financial
  • Economy
  • Markets
  • Stocks
  • Crypto
  • Property
  • Sport
  • Entertainment
  • Opinion
No Result
View All Result
Index Investing News
No Result
View All Result

Apple shares slip as shorter iPhone 16 delivery occasions sign gentle demand By Reuters

by Index Investing News
September 16, 2024
in Stocks
Reading Time: 2 mins read
A A
0
Home Stocks
Share on FacebookShare on Twitter


(Reuters) – Shares of Apple (NASDAQ:) fell almost 3% on Monday after a number of analysts stated that supply occasions for the brand new iPhone 16 Professional fashions indicated weaker-than-expected demand, presumably because of the delayed rollout of key synthetic intelligence options.

Apple final week unveiled its long-awaited iPhone 16 sequence designed round its AI software program, Apple Intelligence.

Early pre-order information from BofA World Analysis revealed shorter world delivery occasions for the iPhone 16 Professional fashions in comparison with final 12 months’s 15 Professional fashions, as of Monday, three days after the corporate began taking pre-orders .

Ship time on common for the iPhone 16 Professional at the moment stood at 14 days, decrease than 24 days for the iPhone 15 Professional final 12 months, the information confirmed, whereas the 19-day ship time for the iPhone 16 Professional Max compares with 32 days final 12 months.

“The important thing issue is the lower-than-expected demand for the iPhone 16 Professional sequence…the foremost promoting level, Apple Intelligence, is just not obtainable at launch alongside the iPhone 16 launch,” stated Ming-Chi Kuo, an Apple analyst at TF Worldwide Securities, stated in a blogpost.

Apple Intelligence is ready to reach within the U.S. model of the English language in beta solely subsequent month, and for different variations as late as subsequent 12 months, doubtlessly preserving some clients on the fence about upgrading to the 16 sequence.

First-weekend pre-order gross sales for the iPhone 16 Professional and Professional Max fashions had been down 27% and 16%, respectively, in keeping with Kuo’s estimates based mostly on every mannequin’s supply time and manufacturing plans.

Nevertheless, BofA analyst Wamsi Mohan famous that the decrease ship occasions may be an element of Apple bettering provide chains of its Professional fashions. Final 12 months’s delivery for the iPhone 15 Professional Max was affected by provide points with the tetraprism lens.





Source link

Tags: AppledemandiPhoneReuterssharesShippingShorterSignalslipSofttimes
ShareTweetShareShare
Previous Post

International carbon pricing wanted to avert commerce friction, says WTO chief

Next Post

Metavesco, Native Alternative Spirits kind JV as takeover bid fails (Pink Present Information:MVCO)

Related Posts

GGN.PR.B: An Engaging Charges Play From This CEF (NYSE:GGN.PR.B)

GGN.PR.B: An Engaging Charges Play From This CEF (NYSE:GGN.PR.B)

by Index Investing News
May 29, 2025
0

This text was written byObserveWith an funding banking money and derivatives buying and selling background, Binary Tree Analytics ('BTA') goals...

Previous Republic Stays An Underappreciated Dividend Gem (ORI)

Previous Republic Stays An Underappreciated Dividend Gem (ORI)

by Index Investing News
May 29, 2025
0

This text was written byObserveThe Low-Finances Dividend Investor is your prototypical Era X-er: an over-educated, under-funded middle-aged man in search...

PayPal Holdings, Inc. (PYPL) Bernstein forty first Annual Strategic Choices Convention (Transcript)

PayPal Holdings, Inc. (PYPL) Bernstein forty first Annual Strategic Choices Convention (Transcript)

by Index Investing News
May 28, 2025
0

PayPal Holdings, Inc. (NASDAQ:PYPL) Bernstein forty first Annual Strategic Choices Convention Might 28, 2025 9:00 AM ET Firm Individuals Alex...

Attire Insider: Knowledge and Tendencies for Resellers (2025)

Attire Insider: Knowledge and Tendencies for Resellers (2025)

by Index Investing News
May 28, 2025
0

Most of the world’s main manufacturers and retailers depend on B-Inventory—the world’s largest B2B recommerce platform—to shortly and effectively resell...

Baird Small/Mid Cap Development Fairness Fund Q1 2025 Commentary

Baird Small/Mid Cap Development Fairness Fund Q1 2025 Commentary

by Index Investing News
May 28, 2025
0

This text was written byObserveBaird is a world monetary companies agency offering Personal Wealth Administration, Belief, Asset Administration, Funding Banking,...

Next Post
Metavesco, Native Alternative Spirits kind JV as takeover bid fails (Pink Present Information:MVCO)

Metavesco, Native Alternative Spirits kind JV as takeover bid fails (Pink Present Information:MVCO)

Carborundum Common To Purchase US-Primarily based Silicon Carbide Merchandise For Rs 56 crore

Carborundum Common To Purchase US-Primarily based Silicon Carbide Merchandise For Rs 56 crore

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

RECOMMENDED

Channing Tatum Reacts to Zoe Kravitz’s Directorial Debut in Rare Post – Hollywood Life

Channing Tatum Reacts to Zoe Kravitz’s Directorial Debut in Rare Post – Hollywood Life

January 27, 2024
Transwestern Funding Group Buys Phoenix MOB for M

Transwestern Funding Group Buys Phoenix MOB for $36M

April 4, 2025
‘Carter’ Finds an Monumental Divide Between Ambition and Execution

‘Carter’ Finds an Monumental Divide Between Ambition and Execution

August 7, 2022
FENY: The Macro Theme For Fidelity’s Energy ETF Has Changed (FENY)

FENY: The Macro Theme For Fidelity’s Energy ETF Has Changed (FENY)

December 19, 2022
Pictures Of Ukrainians Fleeing The Russian Invasion

Pictures Of Ukrainians Fleeing The Russian Invasion

May 28, 2022
US PCE Inflation Knowledge Comes In At 2.3%, Will The Fed Minimize Charges?

US PCE Inflation Knowledge Comes In At 2.3%, Will The Fed Minimize Charges?

April 30, 2025
Vuzix Corp. Receives Follow-on OEM Purchase Order for Engineering Services and Product Solutions from a Major Defense Customer By Investing.com

Vuzix Corp. Receives Follow-on OEM Purchase Order for Engineering Services and Product Solutions from a Major Defense Customer By Investing.com

June 13, 2023
The Area Group’s Gross Revenue Triples and Studies 44% Income Improve for First Quarter of 2022

The Area Group’s Gross Revenue Triples and Studies 44% Income Improve for First Quarter of 2022

May 6, 2022
Index Investing News

Get the latest news and follow the coverage of Investing, World News, Stocks, Market Analysis, Business & Financial News, and more from the top trusted sources.

  • 1717575246.7
  • Browse the latest news about investing and more
  • Contact us
  • Cookie Privacy Policy
  • Disclaimer
  • DMCA
  • Privacy Policy
  • Terms and Conditions
  • xtw18387b488

Copyright © 2022 - Index Investing News.
Index Investing News is not responsible for the content of external sites.

No Result
View All Result
  • Home
  • World
  • Investing
  • Financial
  • Economy
  • Markets
  • Stocks
  • Crypto
  • Property
  • Sport
  • Entertainment
  • Opinion

Copyright © 2022 - Index Investing News.
Index Investing News is not responsible for the content of external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In