<ul><li>Apple had an eventful year in 2024, introducing new hardware like Vision Pro and AI-powered iPhone 16.</li><li>It faced some challenges in China with iPhone sales and lawsuits in the US and Europe.</li><li>Apple introduced Apple Intelligence at WWDC, marking its entry into the GenAI market.</li><li>The new AI-enabled iPhone 16 was launched at Apple's Glowtime event and is said to start a multi-year supercycle.</li><li>It agreed to partner with OpenAI to bring ChatGPT to new iPhones.</li><li>Apple was accused of maintaining an illegal monopoly on the smartphone market in an antitrust lawsuit by US Department of Justice.</li><li>Apple was fined about $2 billion related to its App Store and faced competition concerns in Europe.</li><li>The company launched new iPads in May, the first to have an OLED display, which performed well in Q3.</li><li>Apple introduced Apple Intelligence at WWDC, which plans to deliver features through 2025.</li><li>Some Apple projects like subscription service for iPhones, buy now, pay later service, Apple Pay Later, and electric car were scrapped.</li></ul>

Apple's busy 2024 included AI, new iPhones, antitrust issues, and a tough time in China

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