Tim Cook's AI Focus At WWDC Will Be 'Biggest Change In Apple's Operating System Design' Since 1980s, Says Top Analyst Gene Munster: 'Monumental Day'
Portfolio Pulse from Rounak Jain
Gene Munster of Deepwater Asset Management predicts Apple Inc.'s WWDC 2024 will introduce significant changes in operating system design with a focus on generative AI, marking the most substantial shift since the 1980s. This includes potential upgrades to core apps and Siri. However, Munster notes Apple is playing catch-up in the generative AI space, with competitors like Microsoft and Google already advancing. Apple's recent acquisition of DarwinAI and possible licensing of Google's Gemini AI for iOS 18 suggest a major push into AI.
March 28, 2024 | 11:58 am
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Apple Inc. is expected to unveil significant generative AI features at WWDC 2024, potentially marking a major evolution in its operating system and applications. Despite being behind competitors in AI, Apple's strategic moves, including the acquisition of DarwinAI and possible licensing of Google's Gemini AI, indicate a strong push into the AI space.
The anticipation of Apple's significant focus on generative AI at WWDC 2024, as highlighted by Gene Munster, suggests a potential positive impact on Apple's stock in the short term. Investors may view Apple's strategic direction and efforts to catch up in the AI space positively, especially with the potential for innovative features in iOS 18 and upgrades to core applications and Siri. However, the mention of Apple playing catch-up with competitors like Microsoft and Google introduces a note of caution.
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