Welcome back to the exchange. Apple holding its biggest product launch event of the year where it's expected to introduce a new slate of products. The event comes as the company has fallen behind in the AI race.Steve Kovak is in San Francisco with a preview. What should we expect, Steve. Well, new iPhones, of course, Mike.That's what happens every September. But the real question going into this event is what can bring that segment of the business back to its previous strong growth. Now, we know it wasn't A ...

Joining us now, JP Morgan, Samique Chattery. Sami, great to have you with us. >> Yep.Thank you for having me. >> I I think regardless of what Apple unveils tomorrow, uh Seam, the question is for a 10% revenue grower at a PE that is higher than that of Meta and Alphabet, is the stock worth it here. What are we pricing in or not pricing in.Yeah, I think um keep in mind the multiple that you pay on the Apple shares are largely sort of reflection of investor confidence in the productivity of the growth, right. ...

I initially had a "Sell" rating on Apple Inc. (NASDAQ: AAPL ) stock back in January 2024 because I saw its valuation as unreasonably high at the time, considering the company's lackHe leads the investing group Beyond the Wall Investing with features that include: a fundamentals-based portfolio, weekly analysis on insights from institutional investors, regular alerts for short-term trade ideas based on technical signals, ticker feedback by request from readers, and community chat. Learn moreAnalyst’s Disclos ...

Core Viewpoint - Apple is facing challenges in the AI sector, with significant talent departures raising concerns about its competitive position, particularly ahead of the iPhone 17 launch, which is not expected to significantly alter investor sentiment [1][2][8]. Group 1: Talent Departures and AI Concerns - Apple's lead AI researcher for robotics, Jian Zhang, has left for Meta, marking the latest in a series of exits from the Foundation Models team, totaling around 10 members [2]. - Investors are increasingly worried that Apple is lagging behind its competitors in AI development, as the upcoming iPhone 17 launch may not alleviate these concerns [2][8]. - The company has previously indicated that new AI features, including enhancements to Siri, are delayed, with expectations pushed to 2026 [5][6]. Group 2: iPhone 17 Launch Expectations - Analysts from Bank of America and Citi have expressed muted expectations for the iPhone 17 launch, anticipating mainly design improvements rather than significant AI advancements [3][4]. - The event is expected to focus on form-factor changes, such as a thinner phone and improved camera, rather than a shift in Apple's AI trajectory [3]. - There is speculation that the launch could lead to a "sell-the-news" scenario, where investors may take profits following the event [3]. Group 3: Future AI Developments - Apple is reportedly working on a new AI-powered system called "World Knowledge Answers," set to launch next year, which will be integrated into Siri and other applications [8]. - The company has indicated that it is open to acquisitions to enhance its AI capabilities, as stated by CEO Tim Cook [6].

Apple is hosting its “Awe dropping” hardware event tomorrow at 10 a.m. PT. The company is expected to announce its iPhone 17 lineup, which could include a slimmer version, as well as updates for the Apple Watch and AirPods. The keynote will take place at Apple Park in Cupertino. Viewers can tune in to the livestream here or watch it on Apple’s website. As usual, TechCrunch will be covering the event, so stay tuned for news.There have been numerous rumors surrounding the upcoming iPhone lineup. Taking center ...

Time now for our 360 round for a look at Apple. I want to bring in our panel to discuss the latest. There we've got Scott Kesler, global sector lead, TMT at Thurbridge, and Nancy Tangler, CEO and CIO of Laugher Tangler.Thank you both so much for joining us today. Nancy, I want to start out with your thoughts first. So that Alphabet Google ruling recently was seen as favorable to Apple and you saw Apple get a bump off of that because they've got this lucrative deal uh with them.How durable do you think that ...

Apple's biggest event of the year set to kick off tomorrow when it reportedly is expected to launch major redesigns of the iPhone for the first time in years. Steve Kobach has more in today's tech check. Steve, what are you expecting.>> Hey there, sir. Yeah, we're going to get those new iPhones tomorrow, but the question is, what can bring that segment of the business back to its previous strong growth. It wasn't Apple Intelligence last year, and iPhone sales were actually down a bit the quarter after the i ...

What are you most excited about. Yeah, I'm excited about the new iPhone 17 Pro line. Personally, I think that the new design on the back looks pretty cool.I think the camera upgrades are pretty substantial, probably the most substantial in the history of the product. And for Apple that is what is going to drive sale is those new pro models. They're going to heavily market and feature this new iPhone 17 error, so to speak, which is this much slimmed down phone.It's about a third thinner than the iPhones of t ...

Core Argument - Two authors are suing Apple for allegedly violating copyright protections by using their books to train its AI without consent [1][2] Group 1: Lawsuit Details - The authors claim that Apple used a software program called Applebot to scrape data from "shadow libraries" where their novels were included [2] - The complaint states that Apple did not seek licenses or attempt to pay the authors for the use of their copyrighted works [2] - Apple has not responded to the lawsuit as of the report [2] Group 2: Industry Context - Companies developing generative AI models require large amounts of high-quality, human-created content, leading to numerous copyright infringement lawsuits [3] - Anthropic announced a $1.5 billion settlement to authors in a class-action piracy lawsuit, resulting in approximately $3,000 per pirated work [4] - Copyright issues are a significant and contentious topic for AI companies, with some negotiating multimillion-dollar deals while others face legal battles [5] Group 3: Apple's AI Position - Apple has been slow to enter the AI race, with delays in enhancing its Siri capabilities compared to competitors like Samsung and Google [6] - The existing AI features of Apple are under scrutiny, with Elon Musk also filing a lawsuit against Apple and OpenAI for alleged anti-competitive practices [7] - The lawsuit comes just before Apple's annual fall event, where new products and software updates are expected to be announced [8]

The iPhone could be getting its biggest overhaul in years. Apple is expected to announce a slimmer all-new model Tuesday at its highly anticipated product event dubbed a dropping. The newest iPhone is rumored to be called the iPhone Air.This would be the first major redesign since 2017's iPhone X, which ditched the home button and introduced Face ID, shaping the iPhones we know today. Now, the iPhone Air may not redefine the iPhone's future, but analysts say it could add more variety for customers who want ...