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According to a new research note published by Barclays, the Apple iPhone 16 will bring “very little” change to the table. This is in relation/compared to the iPhone 15, of course.
The iPhone 16 is expected to deliver “very little” change
Analysts said that the iPhone 16 will offer “very little feature/function difference compared to the iPhone 15”. This is not exactly surprising, but there you go.
Barclays’ analysts say that the research shows “weakness on iPhone volumes and mix, as well as a lack of bounce-back in Macs, iPads, and wearables”. With that in mind, the price target for Apple stock has also been slightly lowered, from $161 to $160.
The iPhone 16 is not expected to offer standout features or upgrades
Barclays doesn’t see “features or upgrades that are likely to make the iPhone 16 more compelling”. Researchers also noted that Mac and iPad need to “revert further to pre-Covid levels”.
Researchers also noticed growth deceleration in Services, with regulatory risks increasing. Barclays notes that in 2024, we should get “an initial determination on the Google TAC”, while some app store investigations are expected to intensify.
To close off its notes, Barclays said that there is “less ecosystem pull-through with new products/services”, that is expected to make growth harder over the next couple of years.
Apple’s new smartphones are coming later this year
The new iPhone models are expected to arrive in September. What’s interesting is that all four devices could end up using the same processor. The iPhone 16 Pro will get a Tetraprims lens, like the iPhone 15 Pro Max.
The entire lineup won’t see much change, it would seem, at least not in terms of hardware. More changes are expected with the iPhone 17 Pro series, but we’re far away from that point, so we’ll leave that discussion for another time.
What 9to5Mac noticed is that Barclays left out the Apple Vision Pro from its research notes entirely. That is rather interesting, considering how much attention it’s getting.