Reported 11 months ago
D.A. Davidson Managing Director Gil Luria predicts Apple's iPhone segment will see a 10% growth next year, attributing it to the integration of OpenAI's chatbot, ChatGPT, with Siri. Luria's bullish view stems from the belief that new AI capabilities will drive the need for users to upgrade to new iPhones, leading to increased sales potential. The move is seen as potentially boosting iPhone sales beyond the anticipated 5% growth, with the iPhone 12's success informing the positive outlook for the upcoming iPhone 16.
Source: YAHOO