Apple AI announcements are 'table stakes': Strategist

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Apple News

Paul Meeks,Harvest Portfolio Management,Worldwide Developers Conference

Apple (AAPL) has unveiled a partnership with OpenAI at its Worldwide Developers Conference. Harvest Portfolio Management co-chief investment officer and Wall...

) has unveiled a partnership with OpenAI at its Worldwide Developers Conference. Harvest Portfolio Management co-chief investment officer and Wall Street Beats partner Paul Meeks joins Asking for a Trend to break down Apple's latest AI initiatives and investor reactions.

Apple finally to keep pace in the A I race with the likes of fellow mag seven names like Microsoft and Google for more. And as I said, company hadn't been growing and, and Paul, you're kind of leading me where I wanted to go here because I think it's the big question you touched on there for viewers listening right now, which is when they heard, you know, listen, they heard Tim Cook today.Do you think what you heard today is Apple laid out his vision and laid out these A I features, Paul.You know, we would expect Tim Cook to take the stage in September, introduce those new shiny iphones.

I'd probably say what you kind of just alluded to there, which is I've seen stats Paul that something like 40% of iphone users are now having a device that's more than four years old.So the idea would be, you know, this, that, that it just isn't gonna take much to get those people to upgrade in the fall.

 

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