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Apple's big week: iPhone 16 launch highlights and analyst reactions

Here's what went down at Apple's iPhone 16 event, and what analysts had to say

Apple (AAPL) held its biggest and most highly-anticipated event of the year Monday, where it unveiled its iPhone 16 lineup, a new series of Apple Watches and AirPods, and showed its artificial intelligence play, Apple Intelligence, in action.

Take a look at the highlights of the “It’s Glowtime” event, and what analysts had to say about Apple’s efforts to drive a new upgrade “super cycle.”

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Apple’s artificial intelligence-capable iPhone 16 lineup will set off a new rush for consumer AI, and spark a new era of growth for the tech giant, according to analysts at Wedbush.

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Highlights from Apple’s annual event at the Steve Jobs Theater in the company’s California headquarters.

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With a new focus on artificial intelligence capabilities, analysts are optimistic about Apple’s performance in the coming months and years.

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In other news, the European Commission ruled against Apple and Google (GOOGL) in two landmark legal cases — and is collecting billions in back taxes and fines.

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Apple’s latest lineup of iPhones could be its most successful smartphone launch to date, driving an upgrade “super cycle” that could see Apple selling upwards of 240 million iPhones next year.

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Analysts believe Apple’s artificial intelligence-capable iPhone 16 lineup will spark a new era of growth for the tech giant and its flagship smartphones. But most consumers aren’t buying a new iPhone just for the latest specs.

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