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Apple's (AAPL) "It’s Glowtime" event is set to take place on Monday, with the company widely expected to unveil the iPhone 16 supercharged with artificial intelligence (AI) capabilities. Investors will also likely be watching for pricing and hardware differences in the new iPhone compared to previous models, and possible next-generation wearable products like AirPods and the Apple Watch.
AI-supercharged Siri is likely to be a key focus of the event, with Apple's announcement for "It’s Glowtime," displaying the company's logo in the style of the glowing aura of Apple's Siri interface.
Apple announced its newest operating system, iOS 18, and Apple Intelligence, at its developer conference in June, where the company said the intelligent system will help Siri understand more natural speech patterns, use personal context from on-device content, and accept typed prompts, among other AI-powered capabilities.
The iPhone maker has also announced a partnership with Microsoft-backed (MSFT) OpenAI to integrate ChatGPT into iOS 18 later this year. Apple Intelligence is expected to roll out after the initial iOS 18 launch, but the company could demo some of the AI features to come at the event, showing investors how the iPhone maker is integrating the technology.
Apple is expected to release four models of the next-generation iPhone—the iPhone 16, the iPhone 16 Plus, the iPhone 16 Pro, and the iPhone 16 Pro Max. The new models, particularly the Pro models are expected to have significant upgrades to the device hardware including battery life and displays, as well as other features, Bernstein analysts indicated.
Improvements to battery life could be especially appealing to users as AI features require increased computing power. Morgan Stanley analysts said they "believe a strong battery upgrade can help to drive old device refreshes given battery life is one of the key reasons users historically upgrade an iPhone."
The base iPhone 16 models are expected to have similar designs and display sizes to the iPhone 15, while the Pro models are expected to be larger than their predecessors at 6.3 and 6.9 inches for the 16 Pro and 16 Pro Max, respectively, marking the first size upgrade in several years.
The new iPhones are expected to run on the A18 chip, the next generation of Apple's silicon chips, which will likely be designed to handle Apple Intelligence workloads.
The new device's camera will also likely be in focus with CFRA analysts expecting an ultra-wide 48-megapixel camera and potentially a shutter button for capturing photos.
The iPhone 16 models are expected to be priced like their iPhone 15 counterparts when they were launched, but analysts noted that AI capabilities could be a "wildcard" in pricing.
Analysts expect the iPhone 16 base model to start at $799 while the lowest storage option of the iPhone 16 Max could cost around $1,199, the same range as the iPhone 15 when it was released around the same time last year.
Morgan Stanley analysts said that while they don't expect Apple to raise iPhone prices from their levels last year, the possibility of a price increase still exists, though they view potential price hikes as "a net negative for Apple given it would likely drive some upgraders to extend the useful life of their iPhone for another year."
The iPhone maker could also unveil new additions to its wearable portfolio, with analysts expecting Apple to introduce upgraded versions of the AirPod Pro and AirPod Max with USB-C charging ports.
The company is also expected to overhaul its watch offerings with a new Apple Watch Series 10, an Apple Watch Ultra 3, and a third-gen Apple Watch SE. The new models are likely to feature bigger and thinner displays.
Apple shares have gained close to 15% since the start of the year, at $220.82 as of Friday's close.
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VDM in Hot Water for Allegedly Tendering Forged Receipts Against Prophet Jeremiah Fufeyin: Expert Analysis Exposes Discrepancies
The Essence of Power in the Life of a Believer - A Reflection on Pastor Korede Komaiya’s Sermon
The National Agency for Food and Drug Administration and Control (NAFDAC) has issued an alert to Nigerians regarding the activities of a faith-based organisation, Christ Mercy Land Deliverance Ministries, led by Prophet Jeremiah Fufeyin.
NAFDAC’s Director General, Prof. Mojisola Adeyeye, in a statement on Sunday, September 8, stated that the ministry is using NAFDAC name to deceive the unsuspecting public.
According to her, “Recently, NAFDAC has been inundated with petitions from concerned citizens about Senior Prophet Jeremiah Omoto Fufeyin of Christ Mercy Land Delivery Ministries, Km 5 Effurun, Sapele Road, Delta State, on a Miracle Water and Miracle Soap being advertised with healing and miracle claims and sold to unsuspecting members of the public by the Spiritual Ministry.
The Minister showcased the use of Miracle Water and Miracle Soap on social media to heal barrenness. He claimed that the women would carry twins if they used the soap. He openly told his congregation that the Soap is NAFDAC registered. Thus, the public began to visit the office to confirm the claims.
The petitioners also submitted the following products from the Spiritual Ministry to NAFDAC to verify the bogus claims. The products are Miracle & Healing Water, River Jordan Water, the Miracle Water from The Pool of Bethsaida, A New Beginning Mount Camel Miracle Water, Water of Life, Miracle Water from The Pool of Bethsaida (1L), A New Beginning Pool of Bethsaida Water, and Father Smelled Perfume.
Upon receipt of the petitions, it contacted the Delta State Coordinator to ascertain the existence or records of any transaction with the Christ Mercy Land Deliverance Ministries and the products in Delta State Office. [SWIPE]
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The national leader of the New Nigeria Peoples Party (NNPP), Rabiu Kwankwaso, has said he will win the 2027 presidential election.
Kwankwaso, the party’s presidential candidate in the 2023 elections, made the declaration at an event in Katsina on Saturday, September 7.
According to the News Agency of Nigeria, the former governor of Kano said the NNPP is ready to take over the presidency, states, and other positions across the country in 2027.
Kwankwaso, who was the party’s presidential candidate in the 2023 election, spoke during the inauguration of the NNPP Secretariat in Katsina on Saturday.
According to him, “I wish to remind you that the Peoples Democratic Party (PDP) is already d£@d, because we were in the party, since they have gone out of the line, we decided to check out.”
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A High Court judge in Borno State, Haruna Mshelia, who was kidn@pped in June, 2024 has been released.
On Monday, June 24, Mshelia was abd+cted alongside his wife, driver and police orderly along Biu-Maiduguri – Damaturu Road.
Justice Mshelia, was travelling with his wife, a Magistrate, from Biu to Maiduguri when they were ambushed by heavily armed group between Borno and Yobe States.
He was released by his abd+ctors on Saturday, September 7, after two months in captivity.
This was announced on a WhatsApp platform of Borno lawyers.
“Alhamdulillah, we have just received the news of the release of Justice Haruna Mshelia,” the message read.
The statement said only Mr Mshelia was released. His wife, police orderly and his driver remain in captivity. A follow-up message urged continued prayers for their safety.
The Chairman of the NBA Maiduguri branch, Hamza Zannah, also confirmed the judge’s release to Humangle.
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