AI Hype For Samsung Galaxy S24 Starts Dying Out 6 Months After Launch, Says Top Analyst: How Will The Next iPhone And Pixel Fare?
Portfolio Pulse from Ananya Gairola
The initial enthusiasm for Samsung Galaxy S24's AI capabilities is waning, with shipment momentum slowing since April 2024. Analyst Ming-Chi Kuo notes a 10% YoY decrease in pre-orders for Samsung's new foldable models. Despite the slowdown, AI adoption in smartphones is expected to continue. Google's AI Core update for Pixel 8 Pro and upcoming Pixel 9 are highlighted, but no solid proof exists that AI enhancements will drive device replacement demand. Apple's iPhone 16 series is also under scrutiny, with mixed expectations about its impact on smartphone shipments.
August 13, 2024 | 5:53 am
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NEGATIVE IMPACT
Samsung's Galaxy S24 and new foldable models are experiencing a slowdown in shipment momentum and pre-orders, respectively. This could impact Samsung's short-term stock performance.
The slowdown in shipment momentum for Galaxy S24 and a 10% YoY decrease in pre-orders for new foldable models indicate reduced consumer interest, which could negatively impact Samsung's short-term stock performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
NEUTRAL IMPACT
Google's AI Core update for Pixel 8 Pro and upcoming Pixel 9 are highlighted, but there is no solid proof that these AI enhancements will drive significant device replacement demand.
While Google's AI updates are noteworthy, the lack of solid proof that these enhancements will drive significant device replacement demand suggests a neutral short-term impact on Google's stock.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 70
NEUTRAL IMPACT
Google's AI Core update for Pixel 8 Pro and upcoming Pixel 9 are highlighted, but there is no solid proof that these AI enhancements will drive significant device replacement demand.
While Google's AI updates are noteworthy, the lack of solid proof that these enhancements will drive significant device replacement demand suggests a neutral short-term impact on Google's stock.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 70
POSITIVE IMPACT
Apple's iPhone 16 series is under scrutiny, with mixed expectations about its impact on smartphone shipments. Despite this, Apple shares have rebounded amid expectations of strong iPhone demand.
Despite mixed expectations for the iPhone 16 series, the rebound in Apple shares and strong demand forecasts suggest a positive short-term impact on Apple's stock.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 80