Only highest-end iPhone 16 expected to have periscope camera
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Apple (NASDAQ:AAPL) has not even released the iPhone 15 yet, but industry watchers are already discussing the iPhone 16, with a widely watched research analyst stating only the highest-end version of the iconic device will have a periscope camera.

TF International Securities analyst Ming-Chi Kuo said on Tuesday the device, slated to be released in the second-half of 2024, is likely to have the camera, which uses a system to extend its focal length, instead of market expectations of two iPhones having the system.
Kuo said the lack of iPhone models with the new system would impact Apple (AAPL) suppliers Largan and Genius, "since the demand for lens upgrades will fall below expectations."
Kuo also noted the high-end version of the iPhone 15, known for now as either the iPhone 15 Pro Max or iPhone 15 Ultra, would also have the periscope camera system in an effort to "drive demand for lens upgrades in 2023-2024."
Apple (AAPL) shares were fractionally higher in mid-day trading to $143.52 on Tuesday.
On Monday, Wells Fargo cut its 2023 estimates on Apple (AAPL) ahead of the company's first-quarter results later this week.