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Famous Apple analyst Ming-Chi Kuo said in his latest note that demand for Apple’s latest iPhone 16 Pro series is lower than expected. Taking into account shipping estimates on Apple’s online store and his own “supply chain survey”, Kuo estimated that sales of the entire iPhone 16 series were around after Apple started accepting pre-orders. This is down about 13% compared to the first weekend sales of the iPhone 15 series.  According to Kuo, this is because of the . He wrote that first-weekend sales of the iPhone 16 Pro Max are down about 16%, whereas sales of the smaller iPhone 16 Pro are down 27%. Kuo explained that the unavailability of Apple Intelligence at launch could explain the lacklustre sales. Apple Intelligence is only expected to be available sometime next month as part of . Additionally, Kuo also said that iPhones are under intense competition from Chinese smartphone brands. If it’s any consolation, compared to last year. Sales of the smaller iPhone 16 are also up by around 10%. Perhaps this is a sign that customers see this year’s non-Pro iPhones to be better value. Source: