publish time

09/06/2024

author name Arab Times
visit count

1363 times read

publish time

09/06/2024

visit count

1363 times read

Apple aims to reverse sluggish sales trend with AI unveiling at WWDC.

NEW YORK, June 9: Apple, the tech giant behind the iconic iPhone, is gearing up to potentially reverse a four-year trend of sluggish sales with the unveiling of new artificial intelligence (AI) features at its annual Worldwide Developer Conference (WWDC) on Monday.

For years, Apple's iPhone has dominated the company's revenue streams, but sales growth has waned as users have been slower to upgrade to newer models. Now, with expectations high for Apple to announce groundbreaking AI features, the company aims to reignite excitement and encourage users to invest in its latest offerings.

Analysts predict that new AI capabilities introduced at WWDC could set the stage for the highly anticipated iPhone 16 release later this year. These features could provide users with compelling reasons to upgrade, potentially boosting Apple's sales and solidifying its position in the fiercely competitive tech market.

Despite challenges such as heightened competition in key markets like China and ongoing legal battles, Apple remains a formidable force in the industry. The company's stock performance and robust services business underscore its resilience even amidst market volatility.

However, industry experts emphasize the importance of reinvigorating iPhone sales for Apple's sustained growth. With rivals like Nvidia and Microsoft making significant strides in AI technology, Apple faces pressure to demonstrate its prowess in the evolving landscape of tech innovation.

The upcoming AI updates are expected to offer users practical benefits, with enhancements to Siri and other consumer-facing features. Apple's ability to deliver a seamless and engaging user experience will be closely scrutinized, particularly in comparison to competitors' offerings.

Key questions linger over the accessibility of these new features, particularly whether they will be available on older iPhone models or exclusively on newer devices. The latter scenario, analysts suggest, could trigger a surge in iPhone upgrades and drive substantial growth for the company.

As anticipation mounts ahead of WWDC, Apple's performance at the conference could be a make-or-break moment for the tech giant. Investors and consumers alike await eagerly to see whether Apple can deliver the innovation and excitement needed to propel its products to new heights.