Evercore ISI: Apple will usher in a strong upgrade cycle for the next two years

On the day, Apple Inc. released new products such as the iPhone 16 series. Amit Daryanani, an analyst at market research firm Evercore ISI, said, "We still believe that Apple's AI strategy is cautious. It focuses on the personal functions of the phone and is local, rather than trying to find a killer app that attracts attention." Daryanani is also very interested in Apple mentioning that it will launch AI products in China next year. He said, "Overall, the ability of Apple to provide the demonstrated features will determine the demand for this generation of iPhones. We still believe that we are at the beginning of a very strong two-year iPhone cycle."