Will Apple’s New AI Features Lead to a New iPhone Upgrade Cycle?

Apple (AAPL) released its third-quarter report, which showed it beat analysts’ expectations on both the top and bottom lines, despite reporting a year-over-year decline in iPhone sales. Apple showed off its AI software update at its recent WWDC. Could it spur an iPhone upgrade cycle? Tom Forte, CEO of Maxim Group and senior analyst for … Read more