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.
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