Apple Stock Slips as Analysts Say iPhone 16 May Be Off to a Slow Start

Early Wall Street feedback on demand for Apple's newest iPhone suggests the newest models might not be flying off the shelves. Analyzing delivery lead times and whether models of the iPhone 16 will be available in stores on Friday as scheduled, several analysts said Monday that early indications appear disappointing for Apple's (AAPL) latest smartphone. Analysts from J.P. Morgan, Jefferies, Barclays, and Bank of America on Monday said that iPhone 16 pre-orders, which started Friday, are seeing shorter estimated delivery times than last year's new iPhone 15s. That's likely due...