<img src="https://img.day.az/2024/10/03/800×550/owl_detail_620_2661d5315c27c6dce7cd51810961afeb.jpg" class="article-image" alt="AI was not the main reason to buy the iPhone 16“/>
The first users of the iPhone 16 purchased the devices due to interest in the new product and the high speed of the gadgets. This was reported by Appleinsider with reference to a JP Morgan report, Day.Az reports with reference to Lenta.ru.
Investment bank analysts noted that the Apple Intelligence neural network will stimulate sales of iPhone 16 line devices, but later. Artificial intelligence (AI) features are currently only available in the US and only in English. The report’s authors believe that AI could be one of the main reasons to buy an iPhone 17 in 2025.
Based on its own survey, JP Morgan noted that the presence of AI is not even among the top five reasons why users buy smartphones from an American brand. First of all, they purchase gadgets due to the effect of novelty, high performance and 5G support. Interest in Apple is also driving demand.
Having studied the statistics of iPhone 16 pre-orders, bank specialists said that the demand for new Apple smartphones remains restrained. Most of the world’s users are interested in devices from the USA and China. Also, 61 percent of surveyed Android smartphone owners expressed their desire to switch to iPhone – in 2023, such users were 50 percent.
JP Morgan estimates that Apple will sell 76 million smartphones in the fourth quarter of 2024. Analysts did not change their forecast regarding the price of shares of the American corporation – $265 per security.