Apple’s WWDC conference failed to deliver major artificial intelligence announcements, but some analysts remain optimistic about the company’s prospects. Despite the lack of groundbreaking innovations, investors should be patient as Apple executes its longer-term AI strategy.
The conference did unveil minor AI updates, such as a new Live Translation feature and enhanced Visual Intelligence. This technology will enable users to shop based on products in screenshots. However, these updates are seen as incremental steps rather than a game-changer for the company’s stock price.
Analysts suggest that Apple should focus on its overall strategy rather than relying on short-term gains. With a long-term approach, the company can establish itself as a leader in AI and drive iPhone sales. As such, investors should not be swayed by the recent disappointment at WWDC and instead look to the future for potential growth opportunities.
For now, Apple’s stock price remains uncertain, but the company’s commitment to AI is unwavering. With its continued investment in this technology, investors can expect a more substantial impact on the market in the coming months.
Source: https://www.marketwatch.com/story/apples-wwdc-was-a-dud-whats-next-for-the-stock-97b23d6a