As Apple sends out invites for Sep 9 event, investors are pinning hopes on iPhone 16 with AI features to drive growth

The new iPhone 16 is just around the corner, making your existing iPhone look old. But that isn’t necessarily bad, thanks to a range of AI features coming to the latest iPhone series. Apple on Monday sent out invitations for a September 9 event titled ‘It’s Glowtime’, where the company is expected to unveil the new iPhone 16 lineup and other products. The event will be held at the Steve Jobs Theater at its headquarters in Cupertino, California.