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Apple (NASDAQ: AAPL) just released the new iPhone 16.
The latest iPhones use new chips that are required to access Artificial Intelligence apps.
This could create a new iPhone Supercycle and encourage iPhone users to upgrade to the newest phones.
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The newest iPhones will be released on Sept. 20 and cost $800 – $1,200.
The newest iPhones include…
- Larger screen
- Bigger battery and longer life
- Improved camera and control button
- Visual intelligence for identifying things seen by the camera
Apple AI features – known as “Apple Intelligence” will only be available on the new iPhone 16 and iPhone 15 Pro.
These new AI features are expected to be released the new iOS 18 operating system in October.
Most people are NOT currently using Artificial Intelligence apps on a daily basis.
Yet the new Apple iPhones will make Artificial Intelligence easily accessible to anyone who upgrades to these new models.
Here’s why this is important…
There has been a lot of hype around the AI Revolution.
However, most people have had limited experience using AI apps. This will change as people begin upgrading their iPhones and begin using Apple Intelligence later this year.
I predict that the newest iPhones – and Apple Intelligence – will spark a major upgrade cycle.
You can see that sales of iPhones have hit a ceiling in recent years. This chart shows the # of iPhones sold annually.
Many iPhone users haven’t upgraded their phones in several years. And they’re “overdue” for a new phone.
The iPhone will be the #1 way most people access Artificial Intelligence.
This is bullish for Apple. And bullish for the AI Revolution.
That’s why I’m buying these top 5 hidden AI stocks.
Ian