Should you rush to buy the new iPhone 16 or can you wait?

Apple’s (AAPL) iPhone 16 launch event is just weeks away. On September 9, the tech giant will unveil its latest iPhone generation alongside the latest Apple Watches and AirPods. Should tech consumers run to the Apple Store upon release or wait to go out and spend on a new device?

CNET editor-at-large Bridget Carey joins Wealth! to talk about the best consumer tech deals ahead of the Labor Day Weekend and as retailers shift focus farther down the road to the holiday season.

While you may want to upgrade some of your tech, Carey advises consumers to be cautious about Apple (AAPL): “There’s going to be an Apple event soon, just two weeks. Apple is going to be revealing new gadgets, and so I would say if you’re going for like a brand new phone, no. But it’s a great time for a sale if you don’t care about having the newest stuff because retailers have to sell their inventory, so they’re going to discount all the current earbuds and the other gear like old phones.”

For more expert insight and the latest market action, click here to watch this full episode of Wealth!

This post was written by Luke Carberry Mogan.