- iPhone 16 series launched at Apple's September event.
- Over one-third of US iPhone users are keeping their devices for 3+ years, according to CIRP.
- 70% of new iPhone buyers in 2024 are upgrading from devices 2+ years old, up from 66% in 2023.
- Analysts predict AI features will drive demand for the iPhone 16.
- Apple increased iPhone 16 production by 10%, aiming for 90 million units.