Apple announces AI innovations and iPhone upgrades

The 24th World Wide Developers Conference (WWDC) for Apple is set to happen from June 10-21. This event will show off new AI features, such as the ability to make your own pictures and a better Siri. Experts at Wedbush believe that adding AI will speed up the growth of income from services and gadgets. Apple is expected to make AI products with OpenAI and its own tools. What people really want is for Apple to offer health advice services, keep data safe, and make the company stand out from competitors. There is a lot of competition in China, where real gadgets don't sell as well. The AI features are meant to make up for that. The iPhone 16 lineup is set to be revealed with significant improvements, including slimmer frames, bigger screens, better camera technology, and a more powerful A18 Pro Bionic processor. There might be price increases for the new iPhones due to rising manufacturing expenses and better camera specifications, with a September 2024 release date. By the end of the week, Apple's stock saw an increase of 0.16% to close at $194.35, with pricing targets suggested to be between $120 to $275 per share.

Summary News: Apple WWDC24: AI innovations, iPhone upgrades

Apple's 24th WWDC will showcase new AI features, including picture-making and improved Siri, aiming to boost revenue from services and gadgets. The company plans to use OpenAI and its own tools to create AI products. The company aims to offer health advice, protect data, and differentiate itself from competitors. The iPhone 16 lineup will feature slimmer frames, larger screens, improved camera technology, and a powerful A18 Pro Bionic processor. Price increases may be a concern due to rising manufacturing costs and camera specifications. Apple's stock has seen a 0.16% increase to close at $194.35, with suggested pricing targets of $120 to $275 per share.

Source: Apple iPhone 16 Innovative Upgrade To Be Revealed In Days, Report Says