Ming-Chi Kuo Says Apple's Intelligence Showcases iPhone Makers 'Strengths In Ecosystem Integration And Interface Design' But Investors Want More
Portfolio Pulse from Ananya Gairola
Ming-Chi Kuo praised Apple's AI and ecosystem integration advancements but noted that investors are seeking more substantial developments. Apple's shares fell following the announcement of its AI-powered personal intelligence features at WWDC 2024.
June 11, 2024 | 4:31 am
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Apple's AI and ecosystem integration advancements were praised by analyst Ming-Chi Kuo, but investors are looking for more substantial developments. Apple's shares fell following the announcement of its AI-powered personal intelligence features at WWDC 2024.
Despite positive feedback on Apple's AI and ecosystem integration, the lack of 'must-have' features and concerns about the global rollout and ChatGPT integration in China led to a decline in Apple's stock price. Historically, Apple's stock performance around WWDC events has been underwhelming, contributing to the negative short-term impact.
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