Apple's Siri Struggles and Stock Drop Amid WWDC Announcements

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Source: Business Insider
Apple's Siri Struggles and Stock Drop Amid WWDC Announcements
Photo: Business Insider
TL;DR Summary

Apple's stock plummeted over 2.5% shortly after its WWDC keynote, primarily due to investor disappointment over the company's slow progress in AI development, particularly with Siri, which remains unrefined compared to competitors like Google and Microsoft. The delay in AI enhancements has caused concern about Apple's ability to compete in the rapidly advancing generative AI industry.

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