T-Mobile CEO Mike Sievert reported higher iPhone 16 sales in the first week compared to last year, in a CNBC interview. Customers are purchasing more expensive models, including Pros and Maxes. Sievert expressed optimism, noting that while the delayed AI could impact the product's adoption cycle, demand remains strong. Sievert also reviewed T-Mobile’s 5G expansion, with a new customer target 12 million. The company is collaborating with Nvidia, Nokia, and Ericsson to develop future mobile networks centered on AI.
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00:00It's Benzinga, and here's what's on the block.
00:02T-Mobile CEO Mike Sievert reported higher iPhone 16 sales in the first week compared
00:07to last year in a CNBC interview.
00:10Customers are purchasing more expensive models, including Pros and Maxes.
00:14Sievert expressed optimism, noting that while the delayed AI could impact the product's
00:18adoption cycle, demand remains strong.
00:21Sievert also reviewed T-Mobile's 5G expansion, with a new customer target of 12 million.
00:26The company is collaborating with Nvidia, Nokia, and Ericsson to develop future mobile
00:30networks centered on AI.
00:32For all things money, visit Benzinga.com.