Apple’s (AAPL) Worldwide Developers Conference (WWDC) was a showcase of the tech giant’s latest innovations in generative AI and its integration across the company’s product lineup. CFRA Research Senior Equity Analyst Angelo Zino and Neuberger Berman Managing Director Dan Flax join Market Domination to discuss the implications of these groundbreaking developments.
Zino expresses his enthusiasm, noting that he’s "pretty impressed" with the new announcements made at Apple’s WWDC event. He highlights the significant AI capabilities unveiled, alongside the company’s partnership with OpenAI, describing it as "a major upgrade." However, he acknowledges that the impact on prompting customer upgrades on devices "remains to be seen."
Flax, on the other hand, supports purchasing Apple shares, citing the company’s "continued execution on the product cycle." He sees continued growth into 2025 and believes that thanks to the new AI-integrated features, "the user experience is going to evolve," not only creating more valuable products but also enhancing the overall value of the company.
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