Apple saw a three-year cycle for iPhone sales, with 2015, 2018 and 2021 being the high-water years. But since the first quarter of fiscal 2021, iPhone sales have risen at just a 1.3% annualized rate.

Rumors that the iPhone 12 Pro was going to get a 120Hz refresh rate did not pan out, and Apple has stuck with the standard 60Hz refresh rate for the device. One of the most noticeable updates with ...