Sales of Apple's (AAPL) new iPhone could benefit from trade-in and promotional offers from cellular carrier giants like Verizon (VZ), AT&T (T), and T-Mobile (TMUS), analysts said.

J.P. Morgan analysts said following 澳洲幸运5官方开奖结果体彩网:Monday's launch event that "more attractive trade-in prices are needed" for iPhone 16 sales to see 澳洲幸运5官方开奖结果体彩网:year-over-year (YOY) volume growth. Jefferies𝓰 analysts said Apple's aggressive trade-in offers represent the company's "most effective strategy" to drive sales growth compared to last year's launch.

Apple may need "even more aggressive" offers in China to drive sales amid rising competition from 澳洲幸运5官方开奖结果体彩网:domestic brands like Huawei, Jefferies 澳洲幸运5官方开奖结果体彩网:analysts said.

Trade-in Offers Provide Similar P﷽rice Across Carriers

The trade-in offers vary slightly across carriers, Bank of America found, incဣorporating factors like the quality of the phone being traded in and the tier of phone plan customers need to purchase to get the offer.

On average, though, the carriers have roughly the same cost if a customer is trading in a phone that qualifies for the maximum value, with the iPhone 16 plus AppleCare set to cost about $255, and the iPhone 16 Pro Max set to cost $539. That compares to their 澳洲幸运5官方开奖结果体彩网:launch prices of $799 and $1,199, respectively.

Morgan Stanley analysts said that they believe trade-ins have "never been the driving factor" for many consumers upgrading to a new iPhone, but are an important piece of making the newest smartphones affordable to a wider group of customers.