Apple Stock Is Under Pressure

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Apple Stock Is Under Pressure

Apple Stock Is Under Pressure

Apple stock is going through a wave of selling as the company faces a number of risks. For starters, a report revealed that Apple will have to delay upgrades to Siri.

By delaying the upgrades of Siri, Apple could be at risk of being left in the AI virtual assistant race. The report also revealed that the voice commands in Siri are reportedly not working, and the virtual assistant also takes too long to process queries.

Apple Has Delayed Siri Upgrades

But, it is not the first time Apple had to postpone the Siri upgrades. In the past, Apple had to delay the advanced AI capabilities as they were not working as intended.

A quick look around reveals that ChatGPT, Gemini, and other tools are actually leagues ahead of Apple's Siri. In this age of AI, it is not in Apple's favor to face setbacks like these.

The privacy policies of Apple also make it tough for them to integrate AI. After all, the company just can't put AI into iPhone and other products without placing the user data at risk.

So, Apple has to find a way to make these AI processes work while still safeguarding the user's data. The company will have to move fast or risk being left behind in the AI race.

Right now, that's the biggest issue that's haunting the Apple stock price. There's no doubt that Apple has a large distribution network, and having its own AI assistant can make a lot of difference.

There are also reports that Apple might move towards using Gemini to power Siri. If this happens, it would prove to be a minor setback for Apple, but it would allow consumers to use AI on their devices.

The FTC chairman also issued a warning that Apple will get in trouble if it is found that it is not following its own ToS.

All of this is weighing heavily on the Apple stock, and that's why the prices are trending lower. But given the strong history of Apple, now's the right time to start accumulating Apple stock at dips.

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