US EditionApple Faces Major Hurdles Amidst AI & Regulatory Challenges At Key Conference
- Apple held its annual software developer conference on Monday amid technical and regulatory challenges affecting its AI roadmap and App Store operations.
- These challenges stem from delayed AI features, particularly key Siri improvements postponed until next year, compounded by legal scrutiny over App Store fees and U.S. Tariff threats.
- Apple launched some AI tools last year including writing and image-generation features but relies on partners like OpenAI, while competitors such as Google and Microsoft advance more rapidly.
- Apple's stock dropped more than 2.5% minutes into the keynote, shedding about $75 billion in value, and analyst Michael Ng called the updates "in line with low investor expectations."
- Despite setbacks, analysts remain cautiously optimistic with forecasts of growing revenue, earnings, and new product launches through 2027, signaling potential recovery and ongoing innovation.
13 Articles
13 Articles
Apple Faces Major Hurdles Amidst AI & Regulatory Challenges At Key Conference
Apple is tackling both technical and regulatory obstacles as its annual developer conference looms. Delays in AI advancements have left the company lagging behind rivals like Google and Meta. Moreover, looming tariffs and legal hurdles against its App Store pose serious threats. Analysts remain skeptical of Apple's position in the AI race.
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Apple stock fell after WWDC25 due to weak AI updates, but Goldman Sachs' Michael Ng sees 25% upside on services and ecosystem strength.
Apple stock dropped as WWDC got going. Here's why.
Justin Sullivan/Getty ImagesApple's stock dropped suddenly on Monday, shedding roughly $75 billion in market value.The company's big entry into the generative AI race is still a work in progress.Apple's slow AI development contrasts with competitors such as OpenAI, Google, and Microsoft.Apple shares suddenly dropped a few minutes into its WWDC keynote on Monday. The culprit appears to be one word: Siri.About six minutes into the presentation, Ap…
Apple event likely highlights company’s challenges
Apple’s flagship developer event comes at a fraught time, with the Silicon Valley giant trailing on artificial intelligence and facing challenges to the App Store’s dominance. The Worldwide Developers Conference, where the tech giant showcases its latest products, is not expected to be groundbreaking: A design overhaul of its iOS software is likely to be “the most exciting part,” Bloomberg’s Mark Gurman reported. The lack of ambition is concerni…
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