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03-01
$Apple(AAPL)$ 


"Later this year, I look forward to sharing with you the ways we will break new ground in generative AI, another technology we believe can redefine the future," Cook told shareholders. While details are scarce, Cook's comments suggest Apple is poised to unveil new generative AI features that could compete with models like OpenAI's GPT and Google's Bard.

Behind the scenes, Apple's software engineering lead, Craig Federighi, has reportedly challenged teams to develop as many new AI features as possible for this year's operating system updates. The company usually unveils significant software updates, including iOS, at its Worldwide Developers Conference (WWDC) in June.

Generative AI has become one of the hot new things among the tech giants, with Microsoft, Google, and others racing to release models that can write prose, generate images, and more. While Apple has yet to unveil a chatbot or even a language model, Cook's comments suggest the company won't stay on the sidelines for long.

Cook reframed several current Apple products as "AI-powered" and highlighted how AI technology is already woven into offerings like Apple Watch health features.

Apple's CEO has previously called self-driving car technology "the mother of all AI projects." However, employees were reportedly told that Apple's secretive car project was being shuttered this week. When asked about product selection, Cook said, "much of this is about focus."

The iPhone maker is reported to bring AI into its core apps and services like Apple Music, XCode, Pages, Keynote, and Siri. The generative AI-powered features could be a part of the upcoming iOS 18 update, which is expected to be announced at the Worldwide Developers Conference in June.


Tim Cook Visits China: A Good Signal or Not?
Tim Cook has been in China for the past five days. The significance of Cook's visit to China is crucial. In the fourth quarter of last year, Apple's revenue and profit grew both . But Greater China revenue fell 13% year-on-year, becoming the only large regional market to decline in the quarter. --------------------- How do you view Apple's business in China? Is Cook's visit represent a good signal? If Apple drops to 165, would you consider buying the dip?
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