Apple is preparing to unveil exciting AI developments at WWDC, potentially boosting long-term potential

From Nasdaq: 2024-05-27 05:50:00

Apple is gearing up to reveal major news regarding its AI strategy, with CEO Tim Cook hinting at exciting developments during the upcoming Worldwide Developers Conference starting June 10, 2024. Speculation abounds about what Apple might announce in the realm of generative AI and new features for products like Siri and iOS 18.

Industry experts predict Apple’s AI strategy will involve on-device and cloud-based large-language models, as well as improvements to its virtual assistant Siri. While there are risks associated with buying Apple stock in anticipation of these announcements, the company’s long-term potential remains promising in the rapidly evolving AI market.

Investors considering purchasing Apple stock should weigh the risks and potential rewards carefully, especially with the company’s stock stagnating in 2024 compared to other tech giants. The Motley Fool’s Stock Advisor team has identified alternative investment opportunities with significant growth potential, emphasizing the importance of a diversified portfolio in today’s market landscape.



Read more at Nasdaq: Apple’s Highly Anticipated Artificial Intelligence (AI) Reveal Could Be Only 14 Days Away. Should You Buy the Stock Now?