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

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

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Graphic: Images: Justin Sullivan, Scott Olson, Apple Inc. (2)

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.

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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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iPhone 15
Photo: Scott Olson (Getty Images)

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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Tim Cook
Apple CEO Tim Cook.
Screenshot: Apple Inc.

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

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iPhone 16 Pro models
iPhone 16 Pro models debuted at Apple’s “It’s Glowtime” event Monday.
Screenshot: Apple Inc.

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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Google office in Berlin, Germany
Google Germany office in Berlin.
Photo: Sean Gallup (Getty Images)

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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iPhone 16
The iPhone 16 on display during an Apple special event at Apple headquarters.
Photo: Justin Sullivan (Getty Images)

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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iPhone 16 Pro
The iPhone 16 Pro.
Photo: Nic Coury (Getty Images)

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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