Apple's AI-Powered Future: iPhone Growth Surge By 2026 With New iPhone 17, AI Integration, Analyst Says

Quick Summary:

Verizon Communications Inc (NYSE:VZ), AT&T Inc (NYSE:T) and T-Mobile US, Inc’s (NASDAQ:TMUS) third-quarter 2024 earnings reports revealed a trend of declining smartphone upgrade rates, raising concerns about the anticipated AI-driven super cycle.

Also Read: Taiwan Semiconductor Halts Shipments After Huawei Link Discovered, US Sanctions Cited

While this data suggests the expected super cycle in smartphone upgrades has yet to materialize, analysts remain optimistic.

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Article Details

Author / Journalist: Anusuya Lahiri

Category: Technology

Markets: United StatesTaiwan

Topics: Briefs Price Target Analyst Ratings AAPL Expert Ideas News Benzinga Artificial intelligence US00206R1023 TMUS AI Tech VZ Reiteration US92343V1044 US0378331005 T US8725901040 AI Generated IPhone Stories That Matter IPhones Trading Ideas

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-24 @ 17:59:13 (1 weeks ago)

News Timezone: GMT +8:00

News Source URL: benzinga.com

Language: English

Article Length: 435 words

Reading Time: 3 minutes read

Sentences: 17 lines

Sentence Length: 26 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Benzinga

News ID: 23228698

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