:max_bytes(150000):strip_icc()/GettyImages-2202644310-68cde595e15d4cfa963ddec2c2e84e47.jpg?w=1920&resize=1920,1267&ssl=1 "Apple’s Delay of Siri AI Features Could Hold Back iPhone Sales, Analyst Says | Global News Avenue")
Apple’s Delay of Siri AI Features Could Hold Back iPhone Sales, Analyst Says
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Kew takeaway
- Citi analysts have lowered expectations for iPhone sales this year after Apple introduced AI-powered Siri capabilities to 2026.
- Some new features are expected to be released in April.
- Analysts maintained a “buy” rating for Apple’s stock, but progress in the launch of Apple’s intelligence in China.
Apple (AppleAAPL)Decide Delayed launch Citi analysts said on Monday that certain AI-powered Siri features could block iPhone sales.
Analysts say that if this spring comes, the stronger Siri has “screen awareness, personal background and deep application integration” may be the driving force behind iPhone sales. However, Apple said Friday that it expects the latest news from its voice assistant will be released sometime in the coming year. As a result, Citi now expects iPhone sales to grow by 2% to 232 million units in 2025, below 5%.
Nevertheless, analysts kept their “buy” rating and $275 Apple’s stock price target on the visible Alpha’s aggregated consensus target. They pointed out that “progress launches Apple Intelligence In China“So far, it has not been available. Apple touts Apple Intelligence is Record iPhone upgradesthe new iPhone 16 performs better in the market for available services.
Apple fell nearly 6% on Monday to about $225 intraday Market sell Regarding economic concerns, Citi’s target shows more than 20% upside potential. The stock has been worth nearly one-third of its value in the past 12 months.
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