Apple's Generative AI Rollout On iPhone 16 Expected To Evolve Slowly: Analysts Warn Of Limited Immediate Impact
Portfolio Pulse from Benzinga Neuro
Apple is set to unveil the iPhone 16 with generative AI features at a special event on September 9. Analysts suggest the AI rollout will be gradual, with significant features like an enhanced Siri expected by 2025. Despite the excitement, the financial impact is uncertain, though initial shipments could exceed 90 million units, potentially marking a growth cycle for Apple.
August 27, 2024 | 10:02 am
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Apple's iPhone 16 will feature generative AI, but analysts expect a gradual rollout with limited immediate impact. Initial shipments could exceed 90 million units, potentially marking a growth cycle.
The introduction of generative AI in the iPhone 16 is a significant development for Apple, potentially driving a new growth cycle. However, the gradual rollout of AI features suggests limited immediate impact on financials. The anticipation of high initial shipments indicates positive market reception, which could boost Apple's stock price in the short term.
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