Apple’s New iPhone 16 Reflects a Slowing Pace of Innovation

Apple iPhone 16 Pro models.

Photographer: Dhiraj Singh/Bloomberg

The new iPhone has tantalizing camera improvements, but the device is emblematic of Apple’s slower pace of hardware innovation. Also: The company is preparing a slew of updates to iOS 18 through next year; one dazzling new Apple Watch configuration remains elusive; and the latest beta version of iOS 18.1 arrives.

Last week in Power On: Apple’s new hearing aid and health upgrades saved iPhone 16 launch.