From Nasdaq: 2024-04-02 05:45:00

In the smartphone industry, innovation is slowing down. Apple’s iPhone 15 is similar to previous models. February saw a 9% drop in U.S. iPhone sales, with more significant declines in China and India. Competition from Huawei and Samsung is impacting sales, along with higher interest rates and weak carrier upgrade rates.

Apple may have missed the boat on generative AI, now considering using Google’s AI model for iPhone features. Recent antitrust concerns add risk, with claims of monopolization in the smartphone market. Apple’s slowing innovation and reliance on AI could be drawbacks. The future of iPhone disruption may not come from Apple.

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Read more at Nasdaq: Apple’s Lack of iPhone Innovation Is Becoming a Big Problem