AIThe Next Webabout 4 hours ago
Apple investors lose patience with AI promises
1 min read
Apple investors are losing patience with the company's AI strategy after a disappointing WWDC. The stock trades at over 33 times earnings, well above its 10-year average of 23, assuming an upgrade cycle that has been repeatedly delayed. The new Siri launches this autumn as a beta built on Google's Gemini model.
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