“It’s going to be a big deal,” he drummed Apple:-Boss Tim Cook ahead of the Domestic Developers Conference (WWDC).
Apple’s big reveal was no surprise
Moreover. at the time, market researcher Forrester still believed in “new shades” at Apple. But what does it say in the stock market? Everyone who believes must go to church. In fact, Apple’s big unveiling went off without a hitch, as it has for so many years, after passing the baton to Tim Cook.
The stock market also accompanied the event as usual, initially reacting positively to the fact that now too Apple: relies more on super-intelligent technology and deploys AI directly on devices (and not just in the data cloud). However, will it alienate the user when AI Siri is several orders of magnitude smarter and more human-like than before, with emojis that can be designed by the user themselves and AI assistance in writing, composing and searching? Emails and photos, the stock market didn’t really want to believe it at first; the stock price was about two percent weaker at the end of the keynote.
Anyway. Apple sticks to its line and eschews the behavior of its competitors’ usual flagships, who like to tediously thump their chests at events like this with the “louder, faster, farther” principle.
Apple Tests ‘Privacy’
Apple, on the other hand, tries to focus on “privacy” and use calm tones along the lines of: See how safe you are in Apple’s world. However, the prerequisite is that you provide us with all of your information (even if that means it may end up with chatbot rival ChatGPT, which Apple will later integrate into its AI environment). What’s up with that? TeslaIn any case, boss Elon Musk announced that Apple’s service devices will be banned for this very reason.
Investors are hoping for the upcoming iPhone 16
Typical for Apple. The new AI toy is only available on the latest and most expensive generation of iPhones (at least the iPhone 15). This, in turn, quickly drove the stock market herd in the other direction after some thought. Suddenly, with the release of iPhone 16, a new “super cycle” is expected. It’s time for the recent increasingly weak sales figures (especially in China). Consequence: In the two days following the keynote, Apple shares rose more than ten percent to an all-time high.
However, it remains to be seen whether the differences in AI will be enough for users to switch to the new versions on a large scale, or if it will be features like great design, long battery life and/or camera quality that will entice Apple. users buy a more expensive new device show. If the latter is the case, the “super cycle” may ultimately turn out to be nothing more than a super circus.
American analysts evaluate Apple shares very differently
Expert opinions are already very far from each other. Barclays Bank recommends sell on the stock with a target price of $164. On the other hand, Wall Street house JP Morgan is bullish and sees room to reach $225.
Conclusion. Momentum and charting tech speak for the paper in the short term. In the long term, FOCUS MONEY remains cautious. the suspicion that Apple is losing its vision under Cook seems to be confirmed.