Steph McGovern

It's fascinating.

We thank her.

Meanwhile, coming up, Apple set to make big changes to its iPhone designs and its release schedule.

More on that next.

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Apple, while it's set to change up not just its iPhone designs, but also its release cycle next year, releasing three high-end phones next fall with mid-tier phones to follow six months later.

It's the latest topic in this weekend's Power On newsletter.

For more, Bloomberg Senior Tech Editor Dana Wallman joins us.

Dana, why is it so significant that the timing would change?

So I think both consumers like us and also, frankly, Apple's competitors have gotten used to Apple releasing new iPhones every year like clockwork in the fall.

One, I think consumers, savvy consumers, that's many of us, know not to necessarily replace an iPhone if they don't have to in the months preceding what they assume will be the launch.