Apple has been the most valuable company in the world for many years. The technology giant, which has gained great acclaim with its products such as iPhone, iPad and Mac, is facing a new artificial intelligence deluge. According to analyst Ming-Chi Kuo, if Apple’s artificial intelligence does not meet expectations, it may not be the most valuable in the world.
Things could change if “Apple GPT” fails
Analyst Kuo reduced his iPhone shipment forecast for 2024. Kuo, whose previous estimate was around 220-225 million, now expects sales of 200 million units for this year. This reflects the claim that the iPhone 16 will not offer brand new features.
Apple also wants to offer artificial intelligence capabilities with iOS 18 to make up for lost ground. It plans to give Siri a major update with the Neural Engine that will be included in the A18. However, Kuo pointed out that Apple’s productive AI services need to gain significant momentum.
Google is going to change in Europe!
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Apple will suffer a huge loss if it fails in its artificial intelligence move. The list of the most valuable companies followed by Microsoft and NVIDIA may be reshaped.
For example, NVIDIA is investing heavily in artificial intelligence and technologies such as DLSS. The company has GPU and chip designs that power many artificial intelligence and machine learning models.
Apple is expected to show its new artificial intelligence model at WWDC 2024. The chatbot, called “Apple GPT,” is expected to be first distributed with the iPhone 16 series. Apple needs to pursue its AI plans assertively to maintain its market dominance.