New Street: Carrier Promotions Probably Won't Boost iPhone 16 Demand
Wireless carriers are unlikely to “get more promotional in a way that would drive demand for the iPhone” following Monday’s release of the iPhone 16, New Street’s Jonathan Chaplin told investors Monday. “The big question is whether there will be…
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organic demand for the device that will drive an upgrade cycle; based on the comments from industry executives and the extensive work done by our Global Tech team … we think the answer is ‘no,’ but we’ll be watching for clues to the contrary,” Chaplin said.