Apple WWDC24: AI Innovations, iPhone 16 Upgrades, and New Health Services Unveiled
June 4, 2024Apple's WWDC24 event is scheduled from June 10 to June 14.
New AI features, including custom emoji creation and improved Siri, are set to be unveiled.
Analysts at Wedbush predict AI integration will boost growth in services and device monetization.
Apple is expected to announce partnerships with OpenAI and unveil AI models powered by its own devices.
Focus areas include privacy, differentiation from competitors, health coaching services, and enhanced privacy measures.
AI features aim to counteract declining hardware sales, particularly in competitive markets like China.
The iPhone 16 series may be announced with key upgrades such as thinner bezels, larger displays, camera enhancements, and a faster A18 Pro Bionic chip.
Prices for new iPhones might increase due to higher production costs and upgraded cameras, with a launch planned for September 2024.
Apple's stock closed up 0.16% at $194.35 on Tuesday, with stock targets ranging from $120 to $275 per share.
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