Apple's Production Boost: Apple is ramping up production for its upcoming iPhone 16 series, planning to ship 90 million units in 2024, a 10% increase from the iPhone 15 series.

 

Key Drivers: The anticipated launch of Apple Intelligence is expected to significantly boost demand. Set to release globally in September, Apple Intelligence will introduce advanced features like writing tools, AI-driven smart replies, and Genmoji, enhancing user experience across apps.

Launch Details:

  • iPhone 16 Series: Global launch in September with iOS 18.
  • Apple Intelligence Features: Full rollout in 2025; beta testing begins in January.

 

Competitive Landscape: Apple aims to strengthen its position against AI-integrated smartphones from Chinese brands like Xiaomi and Huawei.

New Features:

  • Rewrite, Proofread, Summarize: Enhanced text editing tools.
  • Smart Reply: Quick response suggestions.
  • Genmoji: Custom emojis based on user descriptions.

Apple's strategic production increase and AI integration highlight its commitment to innovation and user engagement.