WWDC AI announcements will spark iPhone 16 upgrade cycle -- eventually

Investment bank JP Morgan believes that Apple's combination of AI and privacy will mean a large swathe of users will upgrade to the new iPhone 16 throughout 2025, and that should reassure investors that are worried about the company's future.A Siri icon superimposed on Apple ParkAhead of the WWDC announcements on June 10, 2024, analysts at JP Morgan have told investors to expect Apple to concentrate on AI on-device features. It says that there will be cloud and data-center elements, but Apple will stress the on-device privacy and showcase improvements to existing apps.In a note seen by AppleInsider, the analysts predict that WWDC will be what they call a 'tick all the boxes' announcement, that is specifically aimed at showing investors Apple has not fallen behind on AI. They say that investors will look particularly for any deals between Apple and OpenAI or Google, but that regardless of how it's done, Apple's AI implementation will be across all its native apps. Continue Reading on AppleInsider | Discuss on our Forums