Apple is set to introduce significant design updates for its flagship product, starting with an ultrathin iPhone ‘Air’ this year, followed by a foldable model in fall 2026 and a curved-glass version in 2027, per Bloomberg News. What does it mean for Apple stock?
Apple is under pressure to show it still has the ability to innovate. Its answer is coming in the form of multiple new iPhone designs over the next couple of years, according to a report… Any sign of innovation is likely to be welcome for Apple amid worries it is losing its edge under CEO Tim Cook.
A section of Apple’s loyal customer base is likely to snap up any new design and a foldable version will be particularly attractive to users who watch a lot of video on their smartphones. Still, foldable smartphones remain a niche product with just a 1.6% share of the overall market, according to research firm TrendForce.
The major question hanging over Apple continues to be its relatively slow integration of artificial intelligence with the iPhone. It has repeatedly delayed an AI upgrade of its virtual assistant Siri…
Reports continue to emerge that Apple is looking to team up with Google or another company such as OpenAI, the developer of ChatGPT, or Anthropic for an AI upgrade. But until it becomes clear what the company has planned on that front, the stock is unlikely to regain momentum.
MacDailyNews Take: Currently, AAPL is simply paying the price for missing AI and then stumbling around releasing not much of anything. However, even with the current myopic “leadership,” there is still time and more than enough money for Apple to catch up and even lead.
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Wrong!
Apple and Tim Cook were smart to take the cautious approach they did/have been taking.
Its now becoming apparent that while AI is not a bubble yet, the balloon is definitely stretching. (See recent MIT research.)
Thanks Tim!