Why Apple is playing it safe on Apple Intelligence
Published On Sep 10, 2024, 2:29 PM
Apple is focusing on its new software platform, Apple Intelligence, which is expected to play a critical role in the future of the iPhone and the company’s overall strategy. While the iPhone 16 models, releasing soon, will not launch alongside Apple Intelligence, the platform is being positioned as a significant future driver for the company. Analysts believe it could help boost iPhone sales, which have recently declined. Key features of Apple Intelligence will be introduced gradually starting in October, including various AI tools to enhance user experience. Apple's slow rollout approach aims to ensure high user satisfaction and reduce the risk of overwhelming them with new features.
Stock Forecasts
AAPL
Positive
Apple is likely to experience a positive impact on its stock as the introduction of the Apple Intelligence platform could stimulate interest and sales in new iPhone models. The incremental new features may also boost customer loyalty and attract upgrades from existing users.
Related News
Laffer Tengler CEO and CIO Nancy Tengler discusses investment opportunities and more on ‘Making Money.'
Taiwanese Employees of Foxconn, the Apple Supplier, Detained in China
Oct 11, 2024, 2:24 AM
Taiwan’s government said that they had been accused of a breach of trust, but that their employer, Foxconn, had denied the company suffered any losses.
China detains iPhone maker workers in 'strange' case
Oct 11, 2024, 12:20 AM
The Taiwanese government suggested the detentions may be a case of "abuse of power" by Chinese police.