$Apple(AAPL)$ Even with a mino

$Apple(AAPL)$ Even with a minority of people interested in AI, Apple will sell about 228-230M iPhones this year, like they did last year.

With an install base of 1.45B iPhone users, roughly 300M users with iPhones 4+ years old, and taking about 30-32M Android switchers each year plus brand new, “never owned a smartphone” users, it’s very possible even without AI features, Apple will continue to sell at least 225-235M iPhones annually.

Worldwide economies, even in China to some extent, are recovering from post pandemic economic turbulence, and that’s about 58% of revenue for Apple, so plenty of people doing well economically who are Apple users.

If iOS 18, Apple Intelligence, and the upgraded iPhone 16 and 17 hardware resonates with current, new, and prospective Android switcher, AI or not, Apple will sell plenty of iPhones and AI related services.

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