Apple's iPhone 16 Series: AI-Powered Innovation Drives Market Growth

Bountiful Apple pickings likely with the iPhone 16; latest range flaunts AI, lower prices for some models

Apple's iPhone 16 series may boost its India market share to a record 8% by volume this year, with revenue expected to rise by 18%. The reduced pricing of Pro models and increased local assembly are key factors. Older iPhone models have also seen price cuts, contributing to anticipated strong sales during festive months.The iPhone 16 series may help Apple achieve a record 8% India market share by volume this year, while pushing its revenue from the country up 18% on-year, boosted by the device's artificial intelligence (AI) capabilities and reduced pricing of the Pro models. Prices of the more expensive Pro and Pro Max models are down ₹15,000 each, compared with the iPhone 15 series, owing to lower duty as well as some of these units being assembled locally, said people with knowledge of the matter. The budget slashed customs duty on imported smartphones to 16.5%, from 22%, inclusive of surcharge. A large proportion of the Pro models being sold in India, however, will be imported to start with. Discounts on older models As a result, the India launch prices of the Pro models are still Rs 35,000-50,000 higher than those in the US. However, for the lower priced iPhone 16 and 16 Plus models, most of the local demand will be met from India production and hence, the pricing has not factored in any import duty on the finished product, executives said. However, these two models have factored in the remaining costs, including duty on components, leading to a difference of up to ₹18,000 between US and India prices. Still, market trackers forecast strong growth for the US major in India. "While the non-Pro series will continue to garner volumes (75% of sales), with the reduced pricing of iPhone 16 Pro and Pro Max, its contribution is expected to be almost two-fifths of iPhone sales in India," said Navkendar Singh, associate vice-president of IDC India. Apple has also reduced prices of older iPhone models. The price cuts range from ₹10,000 for the iPhone 15 series and ₹20,000 on the iPhone 14 from its launch price. Singh said the older models will sell well during the festive months. Apple didn't respond to queries. IDC expects Apple to ship 12.5-13 million iPhones in India in 2024, possibly helping Apple reach over 8% volume market share for the first time, from 6% now, with almost three times the market average selling price (ASP), at around $1,000. Counterpoint Research expects Apple's total India revenue, a bulk of it from iPhones sales, to grow 18% this year, from $8 billion in 2023, and cross the $10-billion mark in 2025, driven by higher demand for the Pro models. Doing the sums Apple on Monday announced launch of the iPhone 16, starting at ₹79,900, iPhone 16Plus at Rs 89,900, iPhone 16 Pro at Rs 1,19,900 and iPhone 16 Pro Max at Rs 1,44,900. They'll be available in India from September 20, the same as elsewhere. Apple Intelligence, the AI functionality, will be progressively introduced through software updates over the next few months, the company said. The pricing premium in India is also due to the 18% goods and services tax (GST) levied on all smartphones, duty imposed on components, and channel margins since India has a tiered distribution structure unlike direct sales in the US, the executives said. The Cupertino-based giant has doubled down on India, rapidly expanding local manufacturing while also pushing domestic sales through financing schemes and cashbacks, among others, backed by two flagship retail stores and several authorised retailers.

Bountiful Apple Pickings Likely with the iPhone 16

The iPhone 16 series may help Apple achieve a record 8% India market share by volume this year, while pushing its revenue from the country up 18% on-year, boosted by the device's artificial intelligence (AI) capabilities and reduced pricing of the Pro models.The iPhone 16 series may help Apple achieve a record 8% India market share by volume this year, while pushing its revenue from the country up 18% on-year, boosted by the device's artificial intelligence (AI) capabilities and reduced pricing of the Pro models. Prices of the more expensive Pro and Pro Max models are down ₹15,000 each, compared with the iPhone 15 series, owing to lower duty as well as some of these units being assembled locally, said people with knowledge of the matter. The budget slashed customs duty on imported smartphones to 16.5%, from 22%, inclusive of surcharge. A large proportion of the Pro models being sold in India, however, will be imported to start with. As a result, the India launch prices of the Pro models are still ₹35,000-50,000 higher than those in the US. However, for the lower priced iPhone 16 and 16 Plus models, most of the local demand will be met from India production and hence, the pricing has not factored in any import duty on the finished product, executives said. However, these two models have factored in the remaining costs, including duty on components, leading to a difference of up to ₹18,000 between US and India prices. Still, market trackers forecast strong growth for the US major in India. "While the non-Pro series will continue to garner volumes (75% of sales), with the reduced pricing of iPhone 16 Pro and Pro Max, its contribution is expected to be almost two-fifths of iPhone sales in India," said Navkendar Singh, associate vice-president of IDC India. Apple has also reduced prices of older iPhone models. The price cuts range from ₹10,000 for the iPhone 15 series and ₹20,000 on the iPhone 14 from its launch price. Singh said the older models will sell well during the festive months. Apple didn't respond to queries. IDC expects Apple to ship 12.5-13 million iPhones in India in 2024, possibly helping Apple reach over 8% volume market share for the first time, from 6% now, with almost three times the market average selling price, at around $1,000. Counterpoint Research expects Apple's total India revenue, a bulk of it from iPhones sales, to grow 18% this year, from $8 billion in 2023, and cross the $10-billion mark in 2025, driven by higher demand for the Pro models. Apple on Monday announced launch of the iPhone 16, starting at ₹79,900, iPhone 16Plus at ₹89,900, iPhone 16 Pro at ₹1,19,900 and iPhone 16 Pro Max at Rs 1,44,900. They'll be available in India from September 20, the same as elsewhere.

Apple anticipates 30% growth with new iPhone 16 series backed by Apple Intelligence and hardware changes

After Apple launched iPhone 16 series on Monday, driven by Apple Intelligence, backed by new A18 processors, introduction of a new Camera Control button, and upgrading ultrawide sensor to a 48 MP resolution, Indian research firm CyberMedia Research (CMR) anticipates a healthy 30% year-over-year growth for the new iPhone line up in the launch quarter compared to iPhone 15 series. Riding on the new iPhone 16 series launch, Apple is also estimated to grab nearly 8% market share of the Indian smartphone market in CY2024, CMR points. In Q2 2024, it had 5% market share as per CMR. It further said that more Indian buyers are prioritizing the latest iPhone models, reversing the historical trend of opting for older generations. The new generation of iPhone includes: iPhone 16 (6.1 inch), iPhone 16 Plus (6.7 inch), iPhone 16 Pro (6.3 inch) and iPhone 16 Pro Max (6.9 inch). Apple has added 0.2 inch to Pro and Pro Max display sizes this year. (For top technology news of the day, subscribe to our tech newsletter Today's Cache) Reversing its own history, Apple finally introduced a new processor, A18, in the iPhone 16 and iPhone 16 Plus, while it kept A18 Pro for iPhone 16 Pro and iPhone 16 Pro Max. "The new Apple iPhone 16 series will fuel Apple's growth momentum in India, capitalising on the strong aspirational appeal it holds among Indian consumers," said Prabhu Ram, VP, Industry Research Group (IRG), CMR. With the iPhone 16 series, the U.S. based company also forayed into generative AI field by infusing Apple Intelligence into new iPhones. It aims to take on Google's dominance which sells Gemini into Pixel and Android phones. Apple Intelligence | Photo Credit: Special Arrangement The Apple Intelligence works similar to LLM models where it would suggest and simplify complicated tasks for the users like translation, note summary, mail assist and photo/video assistance, touch ups, etc. "Apple has focused on ease and utility of using gen AI features. For instance, instead of circle to search, the click search throws up contextual info of an image by just tapping the camera button is going to be very convenient to use," said Faisal Kawoosa, Founder of research firm, Techarc. With Apple's foray into generative AI, the main streaming of consumer-centric gen AI experiences is in the horizon, believes Prabhu. Earlier, Apple had claimed that its Intelligence works majorly on-device using private computing but for complex tasks it needs to talk to servers. "This approach ensures that user data remains secure and under their control, without being exposed to external servers," said Prabhu. "iPhone 16 series has some interesting additions and upgrades primarily because of Apple Intelligence. For consumers there is a lot to explore with this launch," said Faisal. Faisal says that even the base variant, iPhone 16, doesn't lack in key capabilities which he thinks should result in giving tough competition to Google Pixel, which just tried to go bolder after 9 series. "I see a lot of potential Pixel buyers now preferring iPhone 16 and 16 Plus," he added. "The iPhone 16 Pro's accessible pricing is expected to further fuel upgrades, making it a compelling option for a wider range of consumers," said Prabhu. The new Apple iPhone starts at ₹79,900 (iPhone 16) and iPhone 16 Plus costs ₹89,900. The iPhone 16 Pro sells for ₹1,19,900 whereas the iPhone 16 Pro Max begins at ₹1,44,900. Published - September 10, 2024 07:55 pm IST Read Comments

iPhone 16: Features, release date, prices and all you need to know

With the release of its most recent iPhone 16 models, Apple highlighted their innovative AI-powered features. Designing with generative artificial intelligence in mind, Apple unveiled the iPhone 16 at a press conference at the company's Silicon Valley headquarters. Apple's new focus is an attempt to stay competitive in the rapidly evolving field of AI technology. With this release, an attempt is made to draw in users who are seeking for more AI-powered smartphone features, as per the reports of Yahoo Tech. The iPhone 16 will feature "Apple Intelligence," a suite of AI-based software that adds new functionality to Apple devices. This software suite was initially announced in June during Apple's annual developers conference, which also revealed a collaboration with OpenAI, the company behind ChatGPT. While the AI enhancements are not as ambitious as some offerings from competitors like OpenAI or Google, they include tools like AI-powered image editing, translation features, and messaging options that incorporate creative AI touches. Also Read : Don't panic, but the bond market flashed a signal that indicates a US recession These AI features will be introduced next month as a software update to the iPhone 16 and other high-end models. Initially, they will be available only in English and as a beta version. Support for additional languages is planned for the future. Among the standout features is a new Camera Control Button that will simplify tasks like automatically identifying objects in photos or adding events to a calendar based on pictures, such as a concert poster. According to analysts, while these AI additions are currently incremental, future updates could be transformative, potentially reshaping the iPhone experience through a "super-powered Siri." Apple's voice assistant, Siri, has faced criticism for lagging behind competitors like GPT-4, but the company hopes to bring it back into relevance. The price of the iPhone 16 will start at $799, and it will go on sale on September 20. Apple also unveiled upgraded versions of its Apple Watch and AirPods, showcasing new health features like sleep apnea monitoring and hearing protection, along with the new iPhone. Also Read : Donald Trump says there will be a bloodbath if he loses the U.S. presidential elections to Kamala Harris Since nearly 60% of Apple's revenue comes from iPhone sales, the corporation is eager to attract new customers as more people are hanging onto their older models for longer. The new iPhone 16 will face competition from AI-enhanced gadgets including Samsung's newest handsets and Google's Pixel 9. What are the new features of the iPhone 16? The iPhone 16 introduces AI-powered features, including new tools for image editing, translation, and messaging. It also comes with a Camera Control Button for easier photo management. What is "Apple Intelligence"? "Apple Intelligence" is a new AI software suite for Apple devices. It includes features like AI-powered image editing and translation, announced alongside a partnership with OpenAI.

Apple launches iPhone 16 series with Apple Intelligence AI, new AirPods, Apple Watch

Apple, on Monday, September 9, unveiled the most anticipated tech release of the year: the iPhone 16 series. Apple CEO Tim Cook introduced the world to the next generation of iPhones at an event held at its headquarters in Cupertino Park, California. CREDIT: AP The iPhone 16 series includes the iPhone 16, iPhone 16 Plus, iPhone 16 Pro, and iPhone 16 Pro Max. The Apple iPhone 16 series features the new A18 Bionic chip, based on the Arm V9 chip architecture, to run the plethora of Apple's new AI features, called 'Apple Intelligence.' "The next generation of the iPhone has been designed for Apple Intelligence from the ground up. It marks the beginning of an exciting new era," CEO Cook said. Apple Intelligence, the company's AI software, will be used to improve its personal assistant, Siri, as well as enhance features such as understanding and identifying objects captured by the phone's camera. "Apple Intelligence marks the start of a new era for Siri, making it more natural, more contextually relevant, and more personal to you," said Apple's software engineering chief, Craig Federighi. CREDIT: AP The iPhone 16 will use the new A18 chip and have an aluminum back, along with a new customizable button that can be used for camera controls. Apple also unveiled the iPhone 16 Pro and 16 Pro Max, titanium models with a faster chip, the A18 Pro, and more AI capabilities, such as offering suggestions on how to set up a photo shoot more effectively, along with audio-editing capabilities aimed at professional-level video production. CREDIT: REUTERS At the event, Apple also introduced new Watches and AirPods with health-focused capabilities and hardware design improvements. Apple highlighted the Watch's ability to detect longer-term health conditions such as sleep apnea, as well as detecting and responding to emergencies such as a fall. According to Apple, its new AirPods will come with hearing-aid features pending U.S. regulatory review.

Apple debuts iPhone 16 with AI features - Times of India

CUPERTINO, CALIFORNIA: Apple on Monday unveiled its artificial intelligence-boosted iPhone 16, showing off the long-awaited phone hours after Chinese rival Huawei's tri-fold phone began racking up orders. "The next generation of iPhone has been designed for Apple Intelligence from the ground up. It marks the beginning of an exciting new era," chief executive Tim Cook said at a product launch.The iPhone 16 will use the new A18 chip and have an aluminium back, as well as a new customisable button that can be used for camera controls. Huawei's website showed on Monday that it had garnered more than 3 million pre-orders for its Z-shaped tri-fold phone. This underscores Huawei's ability to navigate US sanctions and solidifies its position against Apple in China, where consumers are hankering for more AI features and are willing to pay for them. Apple also unveiled new Watches and AirPods. The Series 10 Watch starts at $399, is thinner than its predecessor and has up to 30% larger screen than previous generations. Apple highlighted the Watch's ability to help with sports and health issues, including finding longer-term conditions such as sleep apnea as well as detecting and responding to emergencies such as a fall. Apple also launched a new version of the more rugged Watch Ultra 2, starting at $799. The new AirPods 4 have a new design for more comfortable wearing and improved acoustics. And Apple rolled out hearing-aid features that it has submitted for US regulatory review. Apple fans globally have been waiting to see the new phones with AI, which Cook hinted at as he began the show. "We are thrilled to introduce the first iPhones designed from the ground up for Apple Intelligence and its breakthrough capabilities," Cook said in opening remarks.

Apple iPhone 16 event: Key announcements so far

(Reuters) - Apple on Monday unveiled an artificial intelligence focused-iPhone 16 lineup, a sleeker Apple Watch, AirPods 4, and said new AI features will be added to its devices next month. Here are some products tech behemoth Apple launched at the event: NEW IPHONE LINEUP The iPhone 16, starting at $799, comes in two sizes -- 6.1 inches and 6.7 inches. The phones are powered by the new A18 chips, which feature a 16-core neural engine designed for generative AI-linked tasks and Apple Intelligence. The phones also come with a customizable action button, allowing users to perform a variety of functions such as recording voice memo, identifying songs, and translating phrases. APPLE WATCH UPGRADES Apple unveiled its latest Watch Series 10 starting at $399, which the company claims is its thinnest and fastest charging watch ever. The Series 10 will be powered by Apple's new S10 chip, which includes a four-core neural engine that will allow machine learning activities and power features such as double tapping on device, Siri dictation, along with crash and fall detection. Apple also highlighted the health-linked features of its watch, such as sleep apnea detection. The watch will monitor a new metric during sleep called breathing disturbances and will notify users if they display signs of sleep apnea. AIRPOD MODELS Apple's AirPods 4, powered by a new custom H2 chip, start at $129 and come with improved audio quality and personalized spatial audio. Users can also interact with Siri while using the AirPods by nodding "yes" or shaking their head to say "no" in response to Siri announcements. The charging case has USB-C ports. The company also said that its AirPods Pro 2 can now be "transformed" into a personalized hearing aid via an upcoming software update, boosting the specific sounds in real time, like parts of speech or elements within a user's environment. (Reporting by Arsheeya Bajwa, Zaheer Kachwala and Yuvraj Malik in Bengaluru; Editing by Shinjini Ganguli)

Apple's key launches at iPhone 16 unveiling event

Here are some products tech behemoth Apple launched at the event: NEW IPHONE LINEUP The iPhone 16, starting at $799, comes in two sizes 6.1 inches, and 6.7 inches for the Plus model. The phones are powered by new A18 chips, which feature a 16-core neural engine designed for generative AI-linked tasks and Apple Intelligence. The phones also come with a customizable action button, allowing users to perform a variety of functions such as recording voice memo, identifying songs, and translating phrases. Apple also unveiled iPhone 16 Pro and 16 Pro Max models with a faster A18 Pro chip. The phones' AI capabilities will include offering suggestions on how to set up a photoshoot more effectively. The phones will also offer more advanced video capturing quality and a new audio mixing feature to enhance video recordings. IPhone 16 Pro will start at $999 and 16 Pro Max at $1,199. All iPhone 16 models will be available for pre-order, starting Friday, and will be available in stores Sept. 20 onwards. PLE WATCH UPGRADES Apple unveiled its latest Watch Series 10 starting at $399, which the company claims is its thinnest and fastest charging watch ever. The Series 10 will be powered by Apple's new S10 chip, which includes a four-core neural engine that will allow machine learning activities and power features such as double tapping on device, Siri dictation, along with crash and fall detection. Apple also highlighted the health-linked features of its watch, such as sleep apnea detection. The watch will monitor a new metric during sleep called breathing disturbances and will notify users if they display signs of sleep apnea. AIRPOD MODELS Apple's AirPods 4, powered by a new custom H2 chip, start at $129 and come with improved audio quality and personalized spatial audio. Users can also interact with Siri while using the AirPods by nodding "yes" or shaking their head to say "no" in response to Siri announcements. The charging case has USB-C ports. The company also said that its AirPods Pro 2 can now be "transformed" into a personalized hearing aid via an upcoming software update, boosting the specific sounds in real time, like parts of speech or elements within a user's environment.

Factbox-Apple's key launches at iPhone 16 unveiling event

Here are some products tech behemoth Apple launched at the event: The iPhone 16, starting at $799, comes in two sizes -- 6.1 inches, and 6.7 inches for the Plus model. The phones are powered by new A18 chips, which feature a 16-core neural engine designed for generative AI-linked tasks and Apple Intelligence. The phones also come with a customizable action button, allowing users to perform a variety of functions such as recording voice memo, identifying songs, and translating phrases. Apple also unveiled iPhone 16 Pro and 16 Pro Max models with a faster A18 Pro chip. The phones' AI capabilities will include offering suggestions on how to set up a photoshoot more effectively. The phones will also offer more advanced video capturing quality and a new audio mixing feature to enhance video recordings. IPhone 16 Pro will start at $999 and 16 Pro Max at $1,199. All iPhone 16 models will be available for pre-order, starting Friday, and will be available in stores Sept. 20 onwards. APPLE WATCH UPGRADES Apple unveiled its latest Watch Series 10 starting at $399, which the company claims is its thinnest and fastest charging watch ever. The Series 10 will be powered by Apple's new S10 chip, which includes a four-core neural engine that will allow machine learning activities and power features such as double tapping on device, Siri dictation, along with crash and fall detection. Apple also highlighted the health-linked features of its watch, such as sleep apnea detection. The watch will monitor a new metric during sleep called breathing disturbances and will notify users if they display signs of sleep apnea. AIRPOD MODELS Apple's AirPods 4, powered by a new custom H2 chip, start at $129 and come with improved audio quality and personalized spatial audio. Users can also interact with Siri while using the AirPods by nodding "yes" or shaking their head to say "no" in response to Siri announcements. The charging case has USB-C ports. The company also said that its AirPods Pro 2 can now be "transformed" into a personalized hearing aid via an upcoming software update, boosting the specific sounds in real time, like parts of speech or elements within a user's environment. (Reporting by Arsheeya Bajwa, Zaheer Kachwala and Yuvraj Malik in Bengaluru; Editing by Shinjini Ganguli)

Apple unveils iPhone 16, new features to Airpods and Apple Watch

Apple on September 9, unveiled its artificial intelligence-boosted iPhone 16, showing off the long-awaited device hours after Chinese rival Huawei's tri-fold phone began racking up orders. Apple and technology companies around the world are racing to add AI to products, and phones are expected to be one of the most important battlegrounds. The Cupertino, California-based company also is betting the AI feature will drive consumers to upgrade amid a slowdown in iPhone sales. Apple Intelligence, the company's AI software, will be used to improve its personal assistant, Siri, as well as enhancing features such as understanding and identifying objects captured by the phone camera.