Apple CEO Tim Cook reveals in the first quarter 2024 financial results announcement that ``details of the generative AI function will be announced in the second half of 2024.''
Apple announced its financial results for the first quarter of 2024 on February 1, 2024. During the earnings call, CEO Tim Cook said the company is investing a significant amount of time and effort into AI and plans to release more information in the second half of 2024.
Apple reports first quarter results - Apple
Tim Cook confirms Apple's generative AI features are coming 'later this year' - The Verge
https://www.theverge.com/2024/2/1/24058647/apple-ceo-tim-cook-teases-generative-ai-iphone
Apple (AAPL) earnings report Q1 2024
https://www.cnbc.com/2024/02/01/apple-aapl-earnings-report-q1-2024.html
Apple Spending a 'Tremendous Amount of Time and Effort' on AI, Details Coming 'Later This Year' - MacRumors
https://www.macrumors.com/2024/02/01/apple-ai-details-coming-later-this-year/
Apple's sales for the first quarter ending December 30, 2023 are $119.58 billion (approximately 17.5 trillion yen), an increase of 2% from the same period last year, compared to the market forecast of $117.91 billion. (approximately 17,273 billion yen). In particular, service revenue hit a new record high. Meanwhile, Apple's stock price fell 4% in after-hours trading following announcements suggesting that iPhone sales had slowed, including a 13% drop in sales in China, one of Apple's most important markets. It has fallen more than that.
'As we look to the future, we will continue to invest in these and other technologies that will shape the future, including AI, which we have a huge 'We continue to invest significant time and effort, and we are excited to share more details about our continued work in this space later this year.' I revealed it.
Analysts on the call asked Cook for more details, but he said, 'I won't go into any more detail, just saying I think there's a huge opportunity in generative AI and AI.' said.
According to foreign media MacRumors, there is information that Apple is working on generative AI technology to improve Siri and the Messages app. It has also been pointed out that AI could be integrated throughout the OS through apps such as Apple Music, Pages, and Xcode.
Mark Garman, a reporter for the foreign media outlet Bloomberg and famous for leaking information about Apple products, said on January 28th, ``iOS 18 could be the biggest software update in iPhone history with multiple AI features.'' It has been reported that CEO Cook's latest statement confirms this rumor.
The latest on iOS 18 from the Q&A section of Power On: I'm told that the new operating system is seen within the company as one of the biggest iOS updates — if not the biggest — in the company's history. Stay tuned for more. https://t.co/w2Lt7itezV
— Mark Gurman (@markgurman) January 28, 2024
Meanwhile, Ming-Chi Kuo, an analyst known for Apple-related leaks, wrote on his blog , ``Apple has made significant design changes to the iPhone with a more comprehensive and differentiated generative AI ecosystem and applications.'' 'We don't expect to launch new models until 2025 at the earliest. Until then, iPhone shipment growth and ecosystem growth will likely be negatively impacted.' He predicted that an iPhone equipped with full-fledged AI functions would not be released until 2025.
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