Despite the legion of ‘Apple Intelligence’ announcements at WWDC today, investors it seemed wanted more from the world’s occasionally-second-most-valuable-publicly-traded-firm. From Axios:
Apple also spent nearly 30 minutes demonstrating all of the different use cases of generative AI on iPhones and other devices, including…
- The familiar — talking or typing to Siri using natural language.
- The productive — keeping track of plans made in text messages like lunch reservations.
- The creative — whipping up custom emoji that Apple is calling “Genmoji.”
Investors seemed to want more, sending Apple shares lower today as the announcement progressed. They closed down 1.9% to $193.12 by end of trading.
Were investors looking for a Microsoft-style reinvention of the core product?
Read their analysis here.