I mean, I'm sure it's absolutely accurate just based off the title.
Guaranteed Apple was hoping every living person and half the dead ones would buy 3 each. So, by that metric, it's not hitting expectations....because they're not making literally all the money....

Edit:

Apple sold just an estimated 37 million units in the first weekend of iPhone 16 pre-sales, down more than 12% compared to the same period last year

Point in case.