Ammon News - Disappointment in Apple's AI progress could put pressure on the company to deliver more compelling hardware.
The iPhone is critical to Apple's business, but also crucial for component makers and wireless carriers.
Apple previewed iOS 26, the software that will power the next iPhone at its June developer conference.
The signature features will be mostly cosmetic and unlikely to drive most consumers to upgrade.
Meanwhile, the Apple Intelligence features it did introduce were modest and the Siri overhaul promised last year has been delayed.
Several analysts this year have cut their iPhone sales forecasts, citing the delay. Axios