From Reuters' "Futures tread water as investors brace for Fed rate cut" posted early Wednesday.
"Apple has both subprime exposure and terms associated with its current program that could be costly to take on for any issuer."
Globally, on average, ship time for the iPhone 16 Pro is currently at 14 days (vs. 24 days for iPhone 15 Pro) while iPhone 16 Pro Max stands at 19 days (vs. 32 days last year). — Analyst Wamsi Mohan
Read More BofA: iPhone Pro ship dates trending lower than last year
"iPhone 16 series first-weekend pre-order sales are estimated at about 37 million units, down about 12.7% YoY from last year’s iPhone 15 series first-weekend sales."
Read More Ming-Chi Quo: iPhone 16 Pro series demand lower than expected
"However, mix continues to be favorable towards Pro models, particularly the Pro Max." — Analyst Samik Chatterjee
Read More J.P. Morgan: iPhone 16 preorders start off slower than last year
From Christopher Mims' "What Is AI Best at Now? Improving Products You Already Own" posted Friday by the Wall Street Journal.
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