WWDC a ‘pivotal moment’ for Apple with AI plans in focus- Wedbush
) Worldwide Developers Conference is set to be a pivotal moment for the iPhone maker, Wedbush analysts wrote in a note, especially with the tech giant widely expected to reveal its plans for artificial intelligence.
Wedbush said the introduction of AI to Apple’s “golden installed base” of 2.2 billion iOS devices presented more opportunities for monetization on the services and on the device front. AI is expected to help Apple offset an ongoing slump in hardware sales, particularly of its flagship iPhone. Laggard sales in China, which have now fallen for over a year, have been a key point of contention for the firm.
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