icon
icon
icon
icon
Upgrade
Upgrade

News /

Articles /

Apple's AI Leap: Will Siri's New Upgrade Rekindle iPhone Excitement?

Word on the StreetSunday, Oct 27, 2024 7:00 am ET
1min read

Apple recently announced the upcoming launch of its highly anticipated Apple Intelligence feature, set to coincide with the release of iOS 18.1 on October 28. This new feature aims to boost the iPhone's capabilities by integrating advanced artificial intelligence functions, including a writing tool suite for text optimization, photo cleanup options, notification summaries, and enhanced Siri functionalities.

Despite the excitement surrounding this update, industry experts remain skeptical about its potential short-term impact on iPhone sales. Notably, renowned analyst Ming-Chi Kuo highlights that despite optimistic expectations, Apple's recent order cuts and internal acknowledgment of trailing behind in AI advancements suggest limited immediate effects on iPhone shipment volumes.

There's a general consensus within the market about Apple's lag in AI development compared to competitors. Current technologies like ChatGPT reportedly surpass Siri in accuracy and versatility. This gap raises concerns about Apple's AI measures being perceived as merely "catching up" rather than leading innovations in the industry.

Nevertheless, Apple's commitment to precision and user experience remains a cornerstone of its strategy. Craig Federighi, Apple's Senior VP of Software Engineering, emphasizes a cautious approach, focusing on delivering quality experiences over rushing to market. This mindset reflects Apple’s traditional ethos and reputation for meticulousness.

Looking ahead, the integration of Siri with ChatGPT in the upcoming iOS 18.2 promises to offer more robust features, potentially redefining user interactions and perceptions of Apple’s AI capabilities. As Apple Intelligence rolls out, users worldwide will soon evaluate Apple's progress in the rapidly evolving AI landscape.

Disclaimer: the above is a summary showing certain market information. AInvest is not responsible for any data errors, omissions or other information that may be displayed incorrectly as the data is derived from a third party source. Communications displaying market prices, data and other information available in this post are meant for informational purposes only and are not intended as an offer or solicitation for the purchase or sale of any security. Please do your own research when investing. All investments involve risk and the past performance of a security, or financial product does not guarantee future results or returns. Keep in mind that while diversification may help spread risk, it does not assure a profit, or protect against loss in a down market.