Apple to Open Siri to Third-Party AI Assistants
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 3 hours ago
0mins
Should l Buy AAPL?
Source: stocktwits
- Siri Opening Initiative: Apple Inc. is reportedly planning to open Siri to non-ecosystem AI assistants in the upcoming iOS 27 update, a move that will transform the iPhone into an AI platform and enhance its competitive edge in the market.
- New Tool Development: The tech giant is developing new tools that will allow AI chatbot apps to be installed via the App Store, which will integrate with Siri, thereby improving user experience and expanding the iPhone's capabilities.
- Platform Integration: These chatbots will not only work with the upcoming Siri app but will also integrate with other features of the Apple Intelligence platform, further strengthening Apple's ecosystem in the smart assistant space.
- Stock Price Reaction: At the time of this announcement, AAPL shares were trading 0.6% higher, reflecting market optimism regarding Apple's future AI strategy, which could drive further growth in the smart device market.
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Analyst Views on AAPL
Wall Street analysts forecast AAPL stock price to rise
27 Analyst Rating
17 Buy
9 Hold
1 Sell
Moderate Buy
Current: 252.620
Low
239.00
Averages
306.89
High
350.00
Current: 252.620
Low
239.00
Averages
306.89
High
350.00
About AAPL
Apple Inc. designs, manufactures and markets smartphones, personal computers, tablets, wearables and accessories, and sells a variety of related services. Its product categories include iPhone, Mac, iPad, and Wearables, Home and Accessories. Its software platforms include iOS, iPadOS, macOS, watchOS, visionOS, and tvOS. Its services include advertising, AppleCare, cloud services, digital content and payment services. The Company operates various platforms, including the App Store, that allow customers to discover and download applications and digital content, such as books, music, video, games and podcasts. It also offers digital content through subscription-based services, including Apple Arcade, Apple Fitness+, Apple Music, Apple News+, and Apple TV+. Its products include iPhone 16 Pro, iPhone 16, iPhone 15, iPhone 14, iPhone SE, MacBook Air, MacBook Pro, iMac, Mac mini, Mac Studio, Mac Pro, iPad Pro, iPad Air, AirPods, AirPods Pro, AirPods Max, Apple TV, Apple Vision Pro and others.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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