Reported about 7 hours ago
Concerns regarding Apple's quarterly results have turned to optimism following the rise of Chinese AI startup DeepSeek, which offers cheaper models that could spark an overdue iPhone upgrade cycle. Analysts believe that the reduction in AI costs may lead to increased app innovation and consumer spending on AI-enabled iPhones. Despite Apple's struggles and high valuations, there remains cautious optimism that it will benefit from the AI trend if stronger apps and services emerge.
Source: YAHOO