<ul><li>The rollout of Apple Intelligence features, including upgrades to Siri, AI image generator, and notification summaries, will take time due to language, tech, and regulatory challenges.</li><li>Investors were disappointed with Apple's near-term revenue forecast, which did not indicate immediate demand for the newly released iPhone due to the delay in Apple Intelligence features.</li><li>Gene Munster from Deepwater Asset Management believes that AI will be the catalyst for an iPhone upgrade 'supercycle', but expects the most significant demand acceleration in the June quarter.</li><li>The rollout of meaningful and useful Apple Intelligence features will lead to a multi-year iPhone upgrade supercycle.</li></ul>

Gene Munster: Apple Intelligence will ultimately be the catalyst for an iPhone upgrade ‘supercycle’

Discover more