iPhone 16 to Boost Apple Revenue to Record $400B in 2024

Revenue Growth – Apple revenue to hit $400B in 2024 – Driven by growth in both hardware and services

Hardware Success – 3% YoY growth in hardware: iPhone, iPad, Mac, Watch, AirPods – iPhone 16 launch key to revenue surge

Apple Intelligence Impact – Apple Intelligence to drive new hardware sales – iPhone 16 expected to see high demand Reported by Counterpoint Research