Apple Stock Is Waiting for an AI Update. It Might Take More Than a Year. - Barron's
1. Apple struggles to demonstrate device innovation amid declining new iPhone purchases. 2. AI updates for Siri have been delayed, affecting upgrade cycles. 3. UBS forecasts stagnant iPhone upgrades with an average device age of 37 months. 4. Less than 30% of users outside China consider switching brands, bolstering iPhone loyalty. 5. Apple plans new interface changes and potential foldable smartphone for future growth.