INVESTOR DEADLINE: Apple Inc. (AAPL) Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit - Robbins Geller

Core Viewpoint - The article discusses a class action lawsuit against Apple Inc. for alleged violations of the Securities Exchange Act of 1934, focusing on misleading statements regarding the integration of advanced AI features into its products and the impact on iPhone sales [1][2]. Group 1: Allegations of the Lawsuit - The lawsuit claims that Apple misrepresented the timeline for integrating advanced AI-based Siri features, leading to doubts about their availability for the iPhone 16 [2]. - It is alleged that the absence of these features would negatively affect iPhone 16 sales and that Apple's business prospects were overstated as a result [2]. - Following the announcement of an indefinite delay in Siri updates on March 7, 2025, Apple's stock price fell [3]. Group 2: Impact on Stock Price - On March 12, 2025, Morgan Stanley analyst Erik Woodring lowered Apple's price target from $275 to $252, citing the delay in Siri features affecting iPhone upgrade cycles, which led to a further decline in Apple's stock price [4]. - An article published by the Wall Street Journal on April 3, 2025, criticized Apple for not delivering promised AI features, resulting in a more than 7% drop in stock price [5]. - On June 9, 2025, during the Worldwide Developer Conference, Apple failed to announce updates on Siri features, causing another decline in stock price [6]. Group 3: Legal Process and Firm Background - Investors who purchased Apple securities during the class period can seek appointment as lead plaintiff in the lawsuit, representing the interests of the class [8]. - Robbins Geller Rudman & Dowd LLP, the law firm handling the case, has a strong track record in securities fraud litigation, having secured over $2.5 billion for investors in 2024 alone [10].