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Apple iPhone 16 Selling At A 'Greater Rate Than Last Year,' Says T-Mobile CEO Amid Reports Of Lower Demand: 'People Are Buying Pros, They're Buying Maxs…They're Buying Up The Food Chain' - T-Mobile US (NASDAQ:TMUS), Apple (NASDAQ:AAPL)

Summary by Benzinga
Ahead of the official release of Apple Inc.'s (NASDAQ:AAPL) iPhone 16, T-Mobile US Inc. (NASDAQ:TMUS) CEO Mike Sievert has shared promising sales figures for the new model, indicating a strong start despite earlier concerns about demand. What Happened: In an interview with CNBC's Jim Cramer on Wednesday, Sievert revealed that the iPhone 16 is outperforming last year’s model in sales. “The first week was better than last year,” Sievert noted. He …
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