Key Takeaways:
Apple's highly anticipated AI features will not be included in the initial launch of its upcoming iPhone and iPad software updates.
Apple plans to release Apple Intelligence in October as part of software updates, a few weeks after the September launch of iOS 18 and iPadOS 18.
Apple will make its AI technology available for beta testing to software developers as early as this week.
The company's quarterly earnings report is scheduled for release on Thursday.
A bars pattern analysis suggests a potential target for Apple shares around $256, based on the stock's price movement from January to July last year and its recent trends.
Summary:
Apple's AI features, known as Apple Intelligence, will not be included in the initial iOS 18 and iPadOS 18 launch in September but will be available in October updates. The AI technology will be available for beta testing to developers this week, although concerns about stability led to this delayed release. Apple Intelligence, revealed at the Worldwide Developers Conference, aims to boost device sales by offering features like prioritized notifications, content summarization, and integration with OpenAI's ChatGPT. Apple plans to fully roll out these features through iOS 18 updates later this year and into early 2025.
Apple's shares are currently under focus as the company approaches its earnings report release on Thursday. Despite a recent pullback, technical analysis shows a bullish golden cross pattern, indicating a potential new uptrend. Using a bars pattern to forecast the stock's movement suggests a target price of around $256, although the stock was little changed at $218.00 in premarket trading on Monday.
Apple's highly anticipated AI features will not be included in the initial launch of its upcoming iPhone and iPad software updates.
Apple plans to release Apple Intelligence in October as part of software updates, a few weeks after the September launch of iOS 18 and iPadOS 18.
Apple will make its AI technology available for beta testing to software developers as early as this week.
The company's quarterly earnings report is scheduled for release on Thursday.
A bars pattern analysis suggests a potential target for Apple shares around $256, based on the stock's price movement from January to July last year and its recent trends.
Summary:
Apple's AI features, known as Apple Intelligence, will not be included in the initial iOS 18 and iPadOS 18 launch in September but will be available in October updates. The AI technology will be available for beta testing to developers this week, although concerns about stability led to this delayed release. Apple Intelligence, revealed at the Worldwide Developers Conference, aims to boost device sales by offering features like prioritized notifications, content summarization, and integration with OpenAI's ChatGPT. Apple plans to fully roll out these features through iOS 18 updates later this year and into early 2025.
Apple's shares are currently under focus as the company approaches its earnings report release on Thursday. Despite a recent pullback, technical analysis shows a bullish golden cross pattern, indicating a potential new uptrend. Using a bars pattern to forecast the stock's movement suggests a target price of around $256, although the stock was little changed at $218.00 in premarket trading on Monday.