Shortly ahead of Monday’s iPhone 16 launch event, Bloomberg columnist Mark Gurman delved into the supercycle which many are anticipating following the launch of the newest iteration of the Apple, Inc.‘s (NASDAQ:AAPL) flagship product. Gurman Dampens Hopes: Expectations of some analysts that the Apple Intelligence will set off a long-awaited super cycle for the new iPhone 16 may not materialize, said Gurman in his latest Power On newsletter. These analysts foresee a rush of upgrades following pent-up demand on the premise that consumers are excited about AI right now, he said. Providing a “dose…
