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☆ The battle of the face computers is on
▼ + stars: | 2024-10-04 | by ( Lloyd Lee | ) www.businessinsider.com time to read: +6 min

Meta debuted its Orion augmented reality glasses last week without a consumer release date. AR glasses are a substantial step toward a future that ditches the handheld smartphone for face computers. AdvertisementThe battle of the face computers is here, and Meta just launched a highly compelling salvo. Last Wednesday, CEO Mark Zuckerberg unveiled the company's latest innovation, Orion — augmented reality eyewear that weighs about 3.5 ounces. Snap's Spectacles are augmented reality glasses that run on the company's in-house OS.

Persons: Meta, —, Mark Zuckerberg, Orion —, BI's Peter Kafka, Gene Munster, Apple, Greg Peters, we're, it's, " Peters, There's, Alistair Barr, Tim Cook, Cook, It's, Munster, Andrej Sokolow, BI's Jordan Hart, Justin Post, Andrew Bosworth, Jacob Bourne, Emarketer, Axel Springer, Bosworth, Bloomberg's Mark Gurman, Zuckerberg, Spokespeople Organizations: Orion, Apple, Service, Meta, Deepwater Asset Management, Bloomberg, Vision Pro, Netflix, Vision, Getty, Munster, CNBC, BI Locations: Cupertino

☆ Apple Intelligence will drive sales for iPhone 16. Just wait for it, analyst says.
▼ + stars: | 2024-09-23 | by ( Lloyd Lee | ) www.businessinsider.com time to read: +4 min

Read previewApple Intelligence didn't come with the latest iPhone 16 drop on September 20, but that won't matter — analysts are confident that it'll still boost iPhone 16 sales throughout the next 12 months as Apple releases the AI-powered features in multiple software updates. "Apple Intelligence is still the big driver," Gil Luria, an Apple analyst for D.A. The analyst compared Apple Intelligence's sales boost potential to the excitement around 5G coverage for iPhone 12 about four years ago. According to the analyst, the difference now is that Apple Intelligence won't come out of the box. Luria, the Apple analyst, told BI that Apple Intelligence won't be a popular feature until people can start using it, comparing it to AI's dominance after ChatGPT was released to the public in 2022.

Persons: —, Gil Luria, Davidson, Chi Kuo, Luria, Dan Ives, Ives, Ron Witt, " Luria, ChatGPT Organizations: Service, Apple, Apple Intelligence, D.A, Business, BofA Global Research, BI, 5G, Wedbush Securities Locations: Cupertino, San Francisco and New York, San Francisco

☆ Why investors should dismiss Wall Street concerns about demand for Apple's new iPhone 16
▼ + stars: | 2024-09-19 | by ( Morgan Chittum | ) www.cnbc.com time to read: +4 min

The leader of one of the largest U.S. carriers said there have been more iPhone 16 sales in the first week of preordering compared to the same period last year for the iPhone 15. The iPhone 16 was announced on Sept. 9 , when the company held this year's fall new product event. So, they're buying up the food chain, and they're buying at a greater rate," Sievert said, dismissing any softer iPhone 16 sales data as "nonsense." This is important because mobile carriers — including Verizon and AT & T — are the single-largest iPhone sales channel for Apple. Apple CEO Tim Cook inspects the new iPhone 16 during an Apple special event at Apple headquarters on September 09, 2024 in Cupertino, California.

Persons: Jim Cramer, Mike Sievert, Sievert, Morgan Stanley, That's, Jim, Sievert —, Wednesday's, — Morgan Stanley, Chi Kuo, Kuo, Jim Cramer's, Tim Cook, Justin Sullivan Organizations: Apple, Wall Street, Mobile, U.S, Verizon, AT, JPMorgan, Barclays, Bank of America, TF Securities, Apple Intelligence, CNBC Locations: U.S, Cupertino , California

☆ The iPhone 16 Pro Max has better battery life and great cameras, but Apple Intelligence hasn't arrived
▼ + stars: | 2024-09-18 | by ( Todd Haselton | ) www.cnbc.com time to read: +9 min

In this article AAPL Follow your favorite stocks CREATE FREE ACCOUNTiPhone 16 Pro Apple Inc.Apple's iPhone 16 family of phones will hit shelves on Friday. Ahead of their launch, I've spent the past five days been testing the high-end iPhone 16 Pro Max. Here's what you need to know about the new iPhone 16 Pro Max, as of now. The iPhone 16 Pro Max has the best battery life of any iPhone yet. Apple Intelligence photos Apple Inc.Another Apple Intelligence feature can help you create movie memories, which are little snippets of photos and videos set to music.

Persons: I've, Max, It's, it's, Siri, Ming, Chi Kuo, I'm, MagSafe, They're, Tim Cook, what's, Jiang Jiaqiang, There's, Siri doesn't, Steve Jobs, Manuel Orbegozo Organizations: Apple Inc, Apple, Apple Intelligence, TF Securities, Barclays, Apple Intelligence Apple Intelligence, Steve, Reuters Locations: Apple's Mail, Boston, Cupertino , California

☆ The Apple Watch Series 10 offers mostly minor upgrades, but faster charging is a big plus
▼ + stars: | 2024-09-17 | by ( Todd Haselton | ) www.cnbc.com time to read: +3 min

Loren Elliott | ReutersThe new Apple Watch Series 10 hits stores on Friday. The Apple Watch Series 10, as its name implies, marks the tenth year of the Apple Watch. It's already available for the Apple Watch Series 9. The Apple Watch Ultra and Ultra 2 are compelling in part because they offer up to 36 hours of battery life. Apple is reportedly working on blood glucose monitoring or blood pressure monitoring for the Apple Watch.

Persons: Loren Elliott, I've, there's, Tim Cook, Apple, It's Organizations: Reuters, Apple, Apple Watch, Drug Locations: Cupertino , California

☆ Apple shares slide as analysts highlight sluggish iPhone 16 demand
▼ + stars: | 2024-09-16 | by ( Hayden Field | ) www.cnbc.com time to read: +4 min

"The key factor is the lower-than-expected demand for the iPhone 16 Pro series," Kuo wrote after compiling data from Apple's websites on each iPhone 16 model's pre-order sales, average delivery times and shipments before pre-order. Additionally, intense competition in the Chinese market continues to impact iPhone demand." The analysts also wrote that Apple reduced iPhone 16 prices in Australia and India. The iPhone 16 Pro and the iPhone 16 Pro Max are Apple's more premium phones that have nicer screens and cameras than the regular models, starting at $999 and $1,199, respectively. The company also said during the event the new iPhone 16 Pro Max has "the best iPhone battery life ever" but did not offer additional details.

Persons: Steve Jobs, Ming, Chi Kuo, Kuo, IP16, Apple, Max, — CNBC's Michael Bloom Organizations: Apple, Steve, TF Securities, Apple Intelligence, Apple Watch, Barclays, JPMorgan, Bank of America Locations: Cupertino , California, U.S, China, Australia, India

☆ Apple iOS 18 update is live: These are the most important new iPhone security features to protect your private life
▼ + stars: | 2024-09-16 | by ( Cheryl Winokur Munk | ) www.cnbc.com time to read: +6 min

Apple released the latest version of its iPhone operating system, iOS 18, on Monday, including several new security and privacy features. The rollout comes a week after Apple unveiled new versions of the iPhone, AirPods and Apple Watch. Here's a rundown of some new security and privacy features and how to access them. A new Passwords app to improve on iCloud keychainApple has created a separate app for storing user passwords. AI privacy protectionsSeparately, Apple will soon be launching Apple Intelligence, an artificial intelligence platform developed by Apple.

Persons: Steve Jobs, Apple, Jodi Daniels, Thorin, Klosowski, Daniels Organizations: Apple, Steve, Apple Watch, Red Clover Advisors, Electronic Frontier Foundation, Apple Vision, Apple Intelligence Locations: Cupertino , California, U.S, Keychain

☆ FDA clears Apple's sleep apnea detection feature for use. Here's how it works
▼ + stars: | 2024-09-16 | by ( Ashley Capoot | In | ) www.cnbc.com time to read: +2 min

Sleep apnea is a sleep disorder that causes a person's breathing to repeatedly stop and start throughout the night. If it goes untreated, sleep apnea can cause fatigue and lead to more serious health issues like heart problems, hypertension and Type 2 diabetes. Apple's sleep apnea detection feature marks the company's latest attempt to position its wearables as a cheaper, simpler alternative to many existing health-care tests and devices. To get evaluated for sleep apnea, for instance, patients typically participate in an at-home test or an in-lab test where they're monitored overnight. The at-home sleep apnea test from Sleep Doctor costs $189, for example.

Persons: Tim Cook, David Paul Morris, Sumbul Desai Organizations: Apple Inc, Apple, Bloomberg, Getty, . Food, Drug Administration, American Medical Association, Care, Community Health Locations: Cupertino , California, U.S

☆ Apple releases iOS 18 for iPhones, but it doesn't include Apple Intelligence
▼ + stars: | 2024-09-16 | by ( Kif Leswing | ) www.cnbc.com time to read: +1 min

Apple on Monday released iOS 18, the latest version of its software for iPhones. This is Apple's biggest iPhone update of the year, but this rollout does not include the company's forthcoming artificial intelligence system, Apple Intelligence, which is the focus of Apple's new ads. Apple Intelligence will be released to the public in a beta version later this fall, and it will come as part of a separate software update, Apple said. The iOS 18 update will change the way the iPhone operating system looks and feels. You can download it in Settings > General > Software Update.

Persons: Tim Cook, Steve Jobs, Apple Organizations: Apple, Steve, Apple Intelligence Locations: Cupertino , California

☆ Apple's latest addition to its $5 billion campus is built into a hillside like a modern-day Hobbit hole
▼ + stars: | 2024-09-11 | by ( Jaures Yip | ) www.businessinsider.com time to read: +1 min

Apple is showing off Apple Park Observatory, a new subterranean venue at its headquarters. The event space is designed with natural materials and built into a hillside of Apple Park. You can expect Apple to host visitors and press at the venue during its product launches and events. Design website Dezeen published the first photos of Apple Park Observatory, the company's new subterranean venue that's built into the ground, earlier this week. The event space is nestled in the hillside of Apple Park, the company's $5 billion headquarters designed by Foster + Partners in Cupertino, California.

Persons: —, Dezeen Organizations: Apple, Service, Foster + Partners, Business Locations: Apple, J.R.R, Cupertino , California

☆ Here's why the next move in Apple stock should not be judged solely on Monday's iPhone 16 event
▼ + stars: | 2024-09-10 | by ( Zev Fima | ) www.cnbc.com time to read: +5 min

The reviews on Wall Street are mixed concerning Monday's iPhone launch event. Apple Intelligence represents a paradigm shift for the company and the iPhone 16 is the ticket into this new generation. That's what will in turn drive demand, both in terms of Apple rolling out Apple Intelligence and developers taking advantage of the new hardware capabilities. The iPhone 16 and the Pro models will be equipped with versions of the new A18 chips. However,even those phones weren't built from the ground up in the way the iPhone 16 is to harness the full power of Apple's AI features.

Persons: Jim Cramer, Bernstein, Jim, Apple, Siri, Ray, Jim Cramer's, Andrej Sokolow Organizations: Apple, Citi, JPMorgan, Apple Intelligence, Nvidia, Microsoft, CNBC, Getty Locations: USA, Cupertino

Asia-Pacific markets were mixed on Tuesday, following gains on Wall Street that saw both the S&P 500 and Nasdaq Composite rebound from their worst week of the year. The S&P 500 gained 1.16%, after posting its worst week since March 2023. The Nasdaq Composite also jumped 1.16% following its worst week in more than two years. China's exports grew 8.7% year-on-year in August and imports grew 0.5%, customs data showed, compared to the forecast of 6.5% and 2%, respectively, in a Reuters poll. Apple just wrapped up an event at its headquarters in Cupertino, California, where it unveiled the iPhone 16 Pro and the iPhone 16 Pro Max, which join the iPhone 16 and iPhone 16 Plus the company announced earlier.

Organizations: Nasdaq, Traders, Apple Locations: Shanghai, China, Asia, Pacific, India, Cupertino , California

☆ CNBC Daily Open: Did Apple’s shiny new things improve market sentiment?
▼ + stars: | 2024-09-10 | by ( Yeo Boon Ping | ) www.cnbc.com time to read: +2 min

Nic Coury | AFP | Getty ImagesThis report is from today's CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. What you need to know todayThe bottom lineMaybe all it takes are shiny new things to lift our mood and take our minds off recession fears. Of course, Apple's event is not the sole reason markets rose yesterday. They'll also let us know if we can afford those shiny new things that Apple's dangling in front of us.

Persons: HSI, Nic Coury, I'm, Zers, CNBC's Kelly Evans, They'll, – CNBC's Pia Singh, Lisa Kailai Han Organizations: Apple, AFP, Getty, CNBC, Research, Bloomberg, Nvidia, Nasdaq, Dow Jones Industrial Locations: Cupertino , California, U.S, Cupertino

☆ CNBC Daily Open: Did Apple’s shiny new things uplift markets?
▼ + stars: | 2024-09-10 | by ( Yeo Boon Ping | ) www.cnbc.com time to read: +3 min

Justin Sullivan | Getty Images News | Getty ImagesThis report is from today's CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. What you need to know todayThe bottom lineMaybe all it takes are shiny new things to lift our mood and take our minds off recession fears. Of course, Apple's event is not the sole reason markets rose yesterday. They'll also let us know if we can afford those shiny new things that Apple's dangling in front of us.

Persons: Pro Max, Justin Sullivan, I'm, Zers, CNBC's Kelly Evans, They'll, – CNBC's Pia Singh, Lisa Kailai Han Organizations: Pro, Apple, Getty, CNBC, Research, Bloomberg, Nvidia, Nasdaq, Dow Jones Industrial Locations: Cupertino , California, U.S, Cupertino

☆ Apple relies on carriers to drive iPhone sales. What to expect this upgrade cycle
▼ + stars: | 2024-09-10 | by ( Morgan Chittum | ) www.cnbc.com time to read: +6 min

Among the offers at AT & T for new and existing customers: a free iPhone 16 or up to $830 off the iPhone 16 Plus if they meet a few eligibility requirements. Apple's list price for the Phone 16 and iPhone 16 Plus start at $799 and $899, respectively. Now consider that despite inflation, Apple left the prices of iPhone 16 models the same as the prior generation while adding AI capabilities and improved battery life, among others. "All of these things will be incremental, just enough to eventually convince millions" to upgrade their devices, Jim said. Apple CEO Tim Cook delivers remarks before the start of an Apple event at Apple headquarters on September 09, 2024 in Cupertino, California.

Persons: –, Max, Jim Cramer, Tim Cook, Cook, Bernstein, John Stankey, Stankey, aren't, Jim, Jeff Marks, Jim Cramer's, Justin Sullivan Organizations: Verizon, Mobile, Apple, Consumer Intelligence Research Partners, UBS, CNBC, Club, Markets, Apple Intelligence, Barclays Locations: U.S, China, Europe, Cupertino , California

Apple on Monday charged into the artificial intelligence craze with a new iPhone lineup that marks the company’s latest attempt to latch onto a technology trend and transform it into a cultural phenomenon. The four different iPhone 16 models will all come equipped with special chips needed to power a suite if AI tools that Apple hopes will make its marquee product even more indispensable and reverse a recent sales slump. Most of Apple’s AI functions will roll out as part of a free software update to iOS 18, the operating system that will power the iPhone 16 coming out in December. English will be the featured language at launch but an update enabling other languages will come out next year, according to Apple. Although Apple is releasing a free version of its operating system to propel its on-device AI features, the chip needed to run the technology is only available on the iPhone 16 lineup and the high-end iPhone 15 models that came out a year ago.

Persons: Siri, Tim Cook, Apple, ”, Paolo Pescatore, OpenAI Organizations: Apple, Samsung, Google, Apple Intelligence, Samsung Galaxy Locations: Cupertino , California, Monday’s

Apple is hosting an event at its headquarters in Cupertino, California, where it has unveiled new versions of the iPhone, AirPods and Apple Watch. AppleApple just unveiled the iPhone 16 Pro and the iPhone 16 Pro Max, which join the iPhone 16 and iPhone 16 Plus announced earlier. Apple’s iPhone 16 Pro has a 6.3-inch display, and the Apple 16 Pro Max has a 6.9-inch display, larger than those of previous models, which measured in at 6.1 inches and 6.7 inches, respectively. The iPhone 16. The iPhone 16 Pro starts at $999, and the Pro Max starts at $1,199, Apple said.

Persons: Max, ” Apple, —, Apple, Pro Max Organizations: Apple, Apple Watch, Apple Apple, Apple Intelligence, Pro Locations: Cupertino , California

☆ Here’s everything Apple just announced: iPhone 16, iPhone 16 Pro, Apple Watch Series 10, AirPods 4
▼ + stars: | 2024-09-09 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailHere’s everything Apple just announced: iPhone 16, iPhone 16 Pro, Apple Watch Series 10, AirPods 4Apple hosts its annual hardware event on Monday in Cupertino, California

Organizations: Apple Locations: Cupertino , California

☆ Apple is losing ground in China. Here's how the iPhone 16 can help.
▼ + stars: | 2024-09-07 | by ( Hasan Chowdhury | ) www.businessinsider.com time to read: +5 min

Wang Gang/Getty ImagesIt's worth noting that in its 15-year history with the iPhone in China, Apple has been the dominant force in the smartphone market. Other local smartphone manufacturers, including Honor, Xiaomi, and Vivo, have also seen gains over the past year. The upcoming iPhone 16 will introduce users to Apple Intelligence, its new suite of generative AI features, first introduced at its June Worldwide Developers Conference. Apple is betting on Apple Intelligence to boost iPhone sales. The company is seeking a local partner to bring more advanced chatbot features to Apple Intelligence in China.

Persons: —, Tim Cook, It's, Wang Gang, Apple, Xiaomi, Cook, ChatGPT, Wedbush, Paolo Pescatore Organizations: Service, Apple, Weibo, Business, China Apple, Huawei, Pura, Apple Intelligence Apple, Apple Intelligence, Foresight Locations: China, Shanghai, He'll, Cupertino

☆ AI gadgets have been a bust so far. Apple aims to change that
▼ + stars: | 2024-09-05 | by ( Steve Kovach | ) www.cnbc.com time to read: +8 min

The system is called Apple Intelligence, and it'll be rolling out over the coming months. Apple plans to roll out Apple Intelligence in stages. Plus, app developers will be able tap into Apple intelligence, so you can use it everywhere on your phone. In the PC market, Microsoft's Copilot+ PCs launched this summer, but without their marquee AI feature, Recall. Without Recall, there's not much AI in this batch of AI PCs.

Persons: they've, Nabila Popal, they'll, Canalys, Gerrit Schneemann, Tim Cook, Nic Coury, supercharge Siri, Schneemann, IDC's Popal, Popal, it's, there's, Alex Katouzian, Katouzian, Corie Barry, Jaque Silva Organizations: Microsoft, Meta, Google, Nvidia, Apple, Samsung, Dell, HP, Qualcomm, Apple Intelligence, Will Apple Intelligence, IDC, Counterpoint Technology, Developers Conference, Afp, Getty, Motorola, Gemini Locations: China, U.S, Cupertino , California

☆ Here are Monday's biggest analyst calls: Nvidia, Apple, Qualcomm, Robinhood, Starbucks, Disney & more
▼ + stars: | 2024-08-12 | by ( Michael Bloom | ) www.cnbc.com time to read: +7 min

Here are Monday's biggest calls on Wall Street: UBS reiterates Nvidia as buy UBS said it's sticking with Nvidia shares heading into earnings later this month. Wolfe downgrades Qualcomm to peer perform from outperform Wolfe said Apple's internal modem use is finally having an effect on Qualcomm. Jefferies upgrades Par Technology to buy from hold Jefferies said it's bullish on shares of the "pure-play" restaurant tech platform. " Deutsche Bank upgrades Eli Lilly to buy from hold Deutsche upgraded the stock following earnings last week. Bank of America upgrades Churchill Downs to buy from neutral Bank of America said it likes the racing company's growth pipeline.

Persons: Morgan Stanley, Disney, it's, Wolfe, Qualcomm, Wedbush, it's bullish, Jefferies, Walmart Evercore, Piper Sandler, Piper, HOOD, Goldman Sachs, Mills, Goldman, Canaccord, Mizuho, Cummins, Wells, PRU, Eli Lilly, Churchill, Jim Anderson Organizations: UBS, Nvidia, RBC, Ardent Health, Ardent Health Partners, Inc, Qualcomm, Jefferies, Technology, Walmart, HSBC, GE Vernova, GE, Micron, MU, Elliott, Bank of America, Liberty Global, underperform Bank of America, Liberty, Prudential, Allstate, Deutsche Bank, Deutsche, of America, " Bank of America Locations: Asia, Cupertino, Wells, Churchill

☆ Apple leads tech rout after Berkshire Hathaway sells more than half of its stake
▼ + stars: | 2024-08-05 | by ( Matthew Fox | ) www.businessinsider.com time to read: +2 min

Apple stock plunged as much as 11% on Monday on news that Berkshire Hathaway sold about 50% of its stake. Warren Buffett's conglomerate sold about 390 million Apple shares in the second quarter. The decline in Apple shares, which was double the Nasdaq 100's decline of about 5%, came after it was revealed over the weekend that Warren Buffett's Berkshire Hathaway sold about 50% of its Apple stake. According to its second-quarter earnings report, Berkshire Hathaway sold about 390 million Apple shares during the quarter, which is on top of the 115 million Apple shares it sold during the first quarter of the year. This is an opportunity, especially going into what I view as a really historic upgrade cycle for Apple," Ives said.

Persons: Berkshire Hathaway, Warren Buffett's, —, Warren, Buffett, Cathy Seifert, Dan Ives, Ives, It's Organizations: Apple, Berkshire, Service, CFRA, CNBC Locations: Berkshire, Cupertino

☆ Wall Street seems to love Apple's latest guidance on the new iPhone and Chinese demand
▼ + stars: | 2024-08-02 | by ( Matthew Fox | ) www.businessinsider.com time to read: +3 min

Wall Street is even more bullish on Apple after its second-quarter earnings beat analyst expectations. Analysts are focused on a rebound in Chinese iPhone sales and the new iPhone 16. Ives raised his Apple price target to $285 from $275, representing an upside of 30% from Thursday's close. Apple offered guidance for the third quarter, with revenue expected to jump 5% year over year, ahead of Wall Street expectations for revenue growth of 4.3%. Ng raised his Apple price target to $275 from $265, arguing that the iPhone maker was "on the cusp of a multi-year replacement cycle for iPhone."

Persons: Wedbush, —, Dan Ives, Ives, Goldman Sachs, Michael Ng, Ng Organizations: Apple, Service, Cook, iPhone, Apple Intelligence, Products Locations: China, Thursday's, Cupertino

☆ Apple set to report fiscal third-quarter earnings after the bell
▼ + stars: | 2024-08-01 | by ( Kif Leswing | ) www.cnbc.com time to read: +4 min

Apple CEO Tim Cook attends the annual developer conference event at the company's headquarters in Cupertino, California, U.S., June 10, 2024. Apple's third quarter, which ends in June, is traditionally the company's slowest quarter of the year by sales. This year, the "main event" won't be Apple's earnings, wrote Barclays analyst Tim Long, it's what the company says about the September quarter, which is nearly one-third over. Apple revealed Apple Intelligence in June, and the first preview version of some features was released earlier this week. JPMorgan analyst Samik Chatterjee expects Apple to reassure investors that the coming iPhone replacement cycle will include better-than-expected revenue, thanks to AI.

Persons: Tim Cook, Tim Long, Apple doesn't, Long, Raymond James, Srini Pajjuri, Samik Chatterjee, Chatterjee, Apple, Wamsi Mohan, Atif Malik Organizations: Apple, Barclays, Apple Intelligence, Nvidia, JPMorgan, Services, Bank of America Securities, Huawei, IDC, Citi Locations: Cupertino , California, U.S, China

☆ What can drive Apple stock from here? Much more than the iPhone maker's earnings next week
▼ + stars: | 2024-07-26 | by ( Zev Fima | ) www.cnbc.com time to read: +8 min

Any commentary on initial interest in Apple Intelligence will determine where shares go next. As of Wednesday, Apple stock gained about 13% year to date — just shy of the S & P 500 's 2024 performance. The bull/bear debate on Apple depends on whether the benefits of Apple Intelligence are "priced in" at current levels. Yes, the iPhone will be the greatest, most direct way for Apple to realize financial benefits from Apple Intelligence in the near term. Apple will announce plans to incorporate artificial intelligence (AI) into Apple software and hardware.

Persons: There's, Jim Cramer's, Jim Cramer, Jim, Tim Cook, Justin Sullivan Organizations: Apple, Big Tech, Developers, Apple Intelligence, Barclays, JPMorgan, CNBC, Apple Worldwide Developers Locations: what's, geolocation, Cupertino , California

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