Artificial intelligence is set to drive a faster smartphone replacement cycle as advanced smart features become key selling points for consumers, according to a recent research note from Citi.
The investment firm indicates that Apple is particularly well positioned to capitalize on this shift and gain market share. Strong brand loyalty and deep hardware-software integration may give the company an edge as mobile users look for devices capable of handling modern AI workloads.
Smartphone manufacturers have increasingly focused on generative AI tools and on-device processing to reinvigorate consumer interest after prolonged upgrade lulls. If Citi's projections prove accurate, this AI-driven momentum could spark a significant hardware refresh across the sector.
For full details and further insights from the analyst report, check the original source on Investing.com.
