Apple Inc. experienced a significant stock price increase, with shares climbing 7.45% to $175.30 in after-hours trading following the release of their Q1 2024 earnings. The surge was attributed to a notable increase in Services Revenue. During the earnings call, CEO Tim Cook emphasized the company's upcoming advancements in generative AI, which are set to enhance products like Siri with the new iOS 18. The updates, expected to be detailed further on June 10th, include features like intelligently summarized texts and privacy-centric responses powered by Ajax LLM.
Apple has big AI ambitions - at a lower cost than its rivals #Apple #AI #TechAI #LearningAI #GenerativeAI #DeepbrainAI #ArtificialIntelligence https://t.co/0m45Bi8Nhj
Apple is playing catch up with AI https://t.co/jtJfceu11r
ππΊπΈ Siri is getting an AI boost with iOS 18! Expect intelligently summarized texts and privacy-centric generative responses from Ajax LLM. Stay tuned for updates on June 10th! https://t.co/78cyGq8Q09
$AAPL CEO Tim Cook took time during the company's second quarter earnings call on Thursday to drum up excitement for the iPhone maker's upcoming generative AI offerings. https://t.co/NjOUIIUPsO
AI Revolution now coming to Cupertino @SquawkStreet ππ https://t.co/ORtAerNcqA
βWe're not giving up anything that is significant that I'm aware of.β - Tim Cook, Chief Executive Officer of Apple Inc. $AAPL saw an impressive climb, up 7.45% to $175.30 in after-hours trading following the release of Q1 2024 earnings today: 1. Surge in Services Revenue:β¦ https://t.co/vDNBEqDRZ9