More Powerful Siri, Smoother Swipes: watchOS 10.3 Brings Back The Beloved Swipe Gesture For Changing Watch Faces
Portfolio Pulse from Benzinga Neuro
Apple Inc. has released watchOS 10.3 update for Apple Watch, focusing on stability and performance without introducing significant new features. The update follows the watchOS 10.2 which improved Siri integration and reinstated the swipe gesture for changing watch faces. Despite a sales pause for two watch models in the U.S. due to a patent infringement ruling, analysts from JPMorgan believe the financial impact on Apple will be minimal. Apple also launched its 2024 Black Unity collection for Apple Watch, iPhone, and iPad.
January 23, 2024 | 8:34 am
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Apple's watchOS 10.3 update emphasizes performance, following a sales halt for two models due to a legal issue. JPMorgan analysts expect a minor financial impact, indicating resilience in Apple's stock.
The release of watchOS 10.3 is a routine update that typically does not have a significant impact on stock prices. The legal issue causing a sales pause could have been a concern, but the analysis by JPMorgan's analysts suggests that the financial impact will be minimal. This implies that any negative sentiment may be offset by the confidence in Apple's ability to manage such issues, leading to a neutral short-term impact on AAPL's stock price.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 90