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 Shares of Apple fell nearly 3% on Monday after some analysts said delivery times for the new iPhone 16 Pro models indicated weaker-than-expected demand, possibly due to the delayed rollout of key artificial intelligence features.
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Apple last week unveiled its long-awaited iPhone 16 series designed around its AI software, Apple Intelligence.
 
 Shipping Estimates: Reports indicate that while some models, like the black 128GB version, are still on track for delivery on September 20, most other configurations are seeing delivery dates pushed back by 5-7 days or more . This trend of delayed shipping is causing apprehension among investors, as it may impact sales figures and overall demand. 
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