Apple Getting Strong Demand for iPhone 16 Series Premium Models
TF International Securities analyst Ming-Chi Kuo has given information about the sales of iPhone 16 series in a post on social media platform X. He has told that the sales of this smartphone series will increase especially with the addition of iPhone 16 Pro models. Apple As per the estimate. There has been no change in the assembly orders for these smartphones. The demand for iPhone 16 Pro of this series is similar to the iPhone 15 Pro introduced last year. iPhone 15 Pro is also getting the benefit of early shipment. The iPhone 15 Pro was in short supply in the initial weeks of sales last year.
However, the demand for the base models of iPhone 16 is weak. Apple has reduced the component orders for the iPhone 16 and iPhone 16 Plus of this series. Kuo says Apple’s focus will be on meeting demand in the US by introducing Apple Intelligence features to iPhones and other devices. These Artificial Intelligence (AI) features can be brought with iOS 18.1 update this month.
Last year, Apple opened two retail stores in the country. The company plans to expand these stores. According to a media report, the company may open a second store in Mumbai. Apart from this, there are plans to open new stores in Delhi-NCR, Bengaluru and Pune. Four models of Apple’s iPhone 16 series are also being manufactured in the country. After the success of Apple’s Delhi and Mumbai stores, plans to open new stores have been made. About 20 percent of the company’s sales in the country come from these retail stores. iPhone 16, iPhone 16 Plus and Pro Max are being manufactured in the factory of Apple’s contract manufacturer Foxconn. Apple is manufacturing iPhone 16, 16 Plus and iPhone 16 Pro in the factory of another contract manufacturer Pegatron. Tata Electronics has been given the responsibility of manufacturing iPhone 16 and iPhone 16 Plus.