Closing Bell Closing Bell: Navigating Apple’s WWDC 2025 6/9/25
Jun 9, 2025
Join Steve Kovach, a tech reporter for CNBC.com, Dan Ives, a bullish Apple analyst from Wedbush, and Alex Kantrowitz from Big Technology as they dissect Apple's WWDC 2025. They explore how the event’s AI advancements might reshape Apple's stock narrative and discuss the company's muted expectations and cautious approach. The conversation touches on potential acquisitions to boost innovation and the ongoing trade tensions impacting tech giants. They also weigh in on Tesla's downgrades ahead of a pivotal event. It's a lively analysis of innovation and market dynamics!
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Muted AI Progress at WWDC 2025
- Apple's WWDC 2025 event featured minor AI enhancements, with no groundbreaking announcements.
- The muted response reflects cautious pacing as Apple recalibrates its AI strategy amid high expectations.
Apple's Cautious AI Approach
- Apple cautiously paced its AI rollout, avoiding overpromising after past setbacks.
- The company faces a ticking clock to deliver substantial AI tools within six to nine months.
Shareholder Sentiment on Apple Lows
- Apple shares dropped over 20% from 52-week highs amid tariff concerns and AI delays.
- Some shareholders see current lows as buying opportunities before refreshing hardware or AI announcements.