iPhone 16 reveal was so underwhelming Apple stock began dropping when it was announced
The iPhone 16 is hardly a bad phone in any sense but there was almost nothing new introduced for Apple’s next lineup. Apple Intelligence, arguably the only reason for buying an iPhone 16, isn’t even exclusive to the new phones. It’s also quite clear Apple desperately wants to sell you on AI, hence the new videos showing off Apple Intelligence.
And…that’s about it. There’s a new camera control button but it’s far from being a worthwhile reason to upgrade. The new colors are nice and the increased RAM is very welcome but the list ends there. To me it felt like Apple was grasping at straws to make the iPhone 16 seem like the new must-have phone. Perhaps that’s why the event kept mentioning how light the new devices are or how they’re painted.The stock market noticed this. Consequently, Apple shares fell by one percent when the iPhone 16 came on-screen. This decrease added to an earlier dip in shares as well.
Apple Intelligence isn’t even rolling out all its features until some time next year. | Video credit — Apple
There’s no doubt that it will be one of the best phones worth buying today, but it really is a very forgettable upgrade. I mean, it still has a 60 Hz display! I’m much more interested in the supposed iPhone 17 Air coming next year. The alleged modern revamp of iPhone SE is also more enticing in my opinion.
And I haven’t even mentioned the fact that Apple seems to be looking to start making robots.
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