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Apple Holds Event To Showcase New Release Of iPhones, Watches and AirPods
Apple CEO Tim Cook inspects the new iPhone 16 (Justin Sullivan/Getty Images)
i-yawn

It sure looks like fewer people are rushing to buy the new iPhone this year

Apple's big bet on AI isn't paying off with consumers yet

Rani Molla

The incorporation of AI into the iPhone doesn’t seem to be doing much for Apple just yet.

A look at global traffic to Apple.com shows that over the past few years, fewer unique visitors have been showing up to watch Apple’s annual hardware event. And even fewer are turning up when it’s time to pre-order iPhones. Presumably, that means fewer people are buying them, too. Apple didn’t immediately respond to a request for comment.

Typically, traffic each year to Apple’s website peaks on the day of the iPhone event and jumps again a few days later, when the new phones become available for pre-order, according to data online measurement firm Similarweb shared with Sherwood.

A look at the last three years shows that traffic has gone down.

Here’s that chart again isolating the day of the event and the day pre-orders begin:

Apple has been hoping that the integration of its AI, Apple Intelligence, would help spur an upgrade cycle, and help flagging iPhone sales.

The thing is, people don’t really buy new iPhones for the new features. Rather consumers buying new iPhones typically cite a slow, broken, or lost phone, according to survey data from Consumer Intelligence Research Partners. And iPhones have been lasting a lot longer these days, while its new features have failed to wow.

Of course, consumers could be waiting for Apple Intelligence to come out in October to see how well it actually works. For now, they’re not that interested in the iPhone 16.

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Paramount+ wants to look a lot more like TikTok, leaked documents reveal

Larry Ellison’s Oracle just took a 15% stake in TikTok’s US arm. David Ellison’s Paramount streaming service could soon look a lot more like it.

According to leaked documents seen by Business Insider, Paramount+ is planning a big push into short-form, user-generated video in the vein of the addictive feeds of TikTok, Instagram Reels, and YouTube Shorts.

Per Business Insider, the documents reveal that short-form videos are a top priority for the streamer in the first quarter of 2026, and executives are working on adding a personalize feed of clips to the mobile app.

The move would follow similar mobile-centric plans from Disney, which earlier this month announced that it would bring vertical video to Disney+ this year, and Netflix, which during its earnings call said it would revamp its mobile app toward vertical video feeds and expand its short-form video features.

Streamers are increasingly competing for user attention with popular apps. YouTube is regularly the most popular streaming service by time spent.

Per Business Insider, the documents reveal that short-form videos are a top priority for the streamer in the first quarter of 2026, and executives are working on adding a personalize feed of clips to the mobile app.

The move would follow similar mobile-centric plans from Disney, which earlier this month announced that it would bring vertical video to Disney+ this year, and Netflix, which during its earnings call said it would revamp its mobile app toward vertical video feeds and expand its short-form video features.

Streamers are increasingly competing for user attention with popular apps. YouTube is regularly the most popular streaming service by time spent.

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Iconic hot dog brand Nathan’s Famous just sold for $450 million

Packaged meat company Smithfield Foods has agreed to acquire the historic Coney Island staple — best known for its annual hot dog eating contest — in an all-cash deal.

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