The order cuts mainly affect the standard iPhone 16, not the better-selling iPhone 16 Pro series.

Statistically, after three days on the market, the average lead time for the iPhone 16 is 15.2 days. This compares to an average lead time of 25.7 days for the iPhone 15 series at the same time last year and 18 days for the iPhone 14 series in 2022.

Ming-ChiKuo, an analyst at Tianfeng International Securities, said in a post that iPhone 16 series first weekend pre-order sales are estimated to be about 37 million units, a year-on-year decline of about 12.7 percent from last year's iPhone 15 series first weekend sales.

Apple is proposing to hold its biggest product launch of the year on Sept. 10, when it will unveil its latest iPhones, watches and AirPods, according to people familiar with the matter.

According to informed sources, Apple plans to launch Apple Intelligence to customers only in the October software update.

In the four models of the iPhone 16, Apple plans to change the operating buttons from mechanical buttons to capacitive buttons and expand more functions。The exposure of the Touch Bar patent seems to be a "real hammer" for the iPhone 16 full range of capacitive buttons.。