Power On: Apple Intelligence is far from living up to the hype – at least for now. Also: iPhone 16 release details and more https://t.co/fQvV98MSG3
— Mark Gurman (@markgurman) August 4, 2024
Apple reportedly may not release its new AI features until after the iPhone and iPad software overhauls planned for September. Apple Intelligence, the company’s AI system, is expected to roll out in October following the initial iOS 18 and iPadOS 18 releases. The later timeframe could allow Apple to address any bugs, although developers may preview Apple Intelligence through iOS 18.1 and iPadOS 18.1 betas.
The news follows heightened expectations for AI-driven performance improvements, which have buoyed Apple’s stock this year. This delay might temper expectations for the tech giant amid the anticipated AI-fueled upgrade cycle.
Apple Intelligence delayed until October.
Apple Intelligence is turning out to be much better than expected with iOS 18.1 and it has quite a few more features and updates to talk about. We also talk about iOS 18 Public Beta 2 and iOS 17.6. Here is the weekly iOS follow up.
Full video here: https://t.co/e0VRvnKcD7 pic.twitter.com/hyrg1jq6Gl
— Aaron Zollo (@zollotech) August 3, 2024
This week's @Forbes tech roundup: @Apple delays its #AI features, @PayPal's revenue increases with SMB features, @Windows 11 'end task' trick, @magicaltome #AI assistant for #sales teams, and @sageusa and @stripe expand deal #TechNews
Read: https://t.co/N6huuALLrT pic.twitter.com/H1fB3CaKcj
— Gene Marks CPA (@genemarks) August 4, 2024
Investors will be keenly watching for updates on Apple’s AI initiatives when the iPhone maker announces its earnings after the bell on Thursday. Additionally, attention will be on how Apple performs in China, where concerns have impacted its stock. Analysts have suggested that the third quarter could represent a bottoming out of demand in that region.
A delayed rollout of AI features in the latest iPhone may disappoint many Apple investors.
On Happy Hour this week, me and @ChanceHMiller react to all the Apple Intelligence additions in iOS 18.1, and the unforced error of the premature Siri design change
Listen/subscribe https://t.co/2OWQl7EChX
— Benjamin Mayo (@bzamayo) August 3, 2024
Apple shares showed little change in intraday trading on Monday, though they have gained about 13% this year due to enthusiasm over the company’s potential AI advancements. Overall, while the anticipation for AI integration has driven investor excitement, the prospective delay indicates that Apple is prioritizing the refinement and stability of its new features over speed to ensure a seamless user experience.