Despite some concerns to the contrary, the iPhone 16 appears to be selling well for Apple (NASDAQ:AAPL), Wedbush Securities said. Shares were little changed in premarket trading on Monday. "With iPhone 16 units officially going on sale this weekend we believe Apple is off to a 'strong demand start' from our checks with this key upgrade cycle now out of the gates,

The big day is here. After months of speculation, rumors and counter-rumors, we now know what’s on sale and for how much. Here’s the full rundown.

As the iPhones went on sale, however, Apple released the first public beta of iOS 18.1, an early version of the software that will bring Apple Intelligence. New customers can get access to those features in an early version by joining Apple’s beta programme and choosing to download that update.