"The press invitations have gone out. The meeting date on which Apple Inc. ( NASDAQ: AAPL) is going to launch the iPhone 17 is September 9. If the company does not change its schedule, it will not have Apple's AI-based iOS, which is not supposed to be released until next year. That means a thinner profile and a powerful chip will need to prevail."
"The rumor is that it is negotiating with Google to use its Gemini product, which is considered one of the most advanced AI platforms. Gemini is currently used on Google search pages. It is still shocking that Apple does not have an AI product of its own. Several of its top AI engineers have been lured away by companies such as Meta, which is offering pay packages in the tens of millions of dollars to these engineers."
Apple will unveil the iPhone 17 on September 9, but the AI-based iOS remains scheduled for next year, so the new model will lack built-in AI. The iPhone 17 will prioritize a thinner profile, better battery life and a more powerful chip. Apple reportedly lacks a finished AI product and is rumored to be negotiating with Google to use Gemini. Several top AI engineers have left for competitors like Meta amid lucrative offers. Samsung already offers AI features and foldable phones, increasing competitive pressure, while Apple must justify premium pricing and convince buyers to wait.
Read at 24/7 Wall St.
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