Apple stock notched a record high on Tuesday, closing up 7% one day after the company unveiled new AI offerings.. The stock has suffered this year as investors worried about iPhone sales in China and the tech giant's progress on the AI front. But Wall Street changed its tune on Tuesday, and Apple closed up 7%, notching a new
"That's the source of the negativity that you were force-fed yesterday — you got the genuine homespun wisdom that comes from people who simply don't want to admit that Tim Cook, that Apple, that the developers, that the writers actually want to keep selling to what's been their key demographic for decades: the consumer," he said. "They're not chasing the enterprise, and these Apple haters have no idea how to evaluate a tech company that's like that.
Apple's new AI product, known as Apple Intelligence, will be integrated into new operating systems and make the services more personalized and advanced, according to the company. Its offerings include a new Siri feature that can use ChatGPT, customizable emojis and the ability to execute a variety of new tasks.their phones to take full advantage of Apple Intelligence, which could help drive sales.
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