The iPhone 16 is on shelves, but what is consumer demand indicating?

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The iPhone 16 went on sale Friday, the latest generation of Apple (AAPL) devices already flying over shelves and into consumer hands this morning.

BofA Securities Senior IT Hardware Analyst Wamsi Mohan joins the Morning Brief to talk about Apple's lead times as it hopes to push a product upgrade cycle with the new iPhone, despite it coming out without the key AI features it showcased earlier this month.

For more expert insight and the latest market action, click here to watch this full episode of Morning Brief.

This post was written by Luke Carberry Mogan.

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