AI gadgets have been a bust so far. Apple aims to change that
Publishing timestamp: 2024-09-05 08:11:18
Summary
Apple is set to debut its first lineup of AI-ready iPhones, aiming to convince customers to upgrade their hardware and show Wall Street that the iPhone upgrade cycle is underway. The company's new system, Apple Intelligence, will be rolled out gradually and will be available for free. The success of Apple Intelligence in driving iPhone sales remains to be seen, as consumer interest in AI features is relatively muted. Other tech companies like Samsung, Microsoft, and Google have also launched AI-powered devices, but the impact on sales is unclear. Apple faces challenges in rolling out Apple Intelligence globally due to regulatory hurdles in China and the EU.
Sentiment: NEUTRAL
Tickers: AAPL, DELL, MSFT, BBY, HPQ, NVDA, QCOM, META, GOOGL,
Keywords: best buy co inc, breaking news: technology, business news, nvidia corp, qualcomm inc, hp inc, dell technologies inc, meta platforms inc, alphabet inc, microsoft corp, tim cook, apple inc,
Source: https://www.cnbc.com/2024/09/05/ai-gadgets-have-been-a-bust-so-far-apple-aims-to-change-that.html