Apple is falling behind major competitors in AI development, with no substantial updates expected until next year. The company's focus on incremental iPhone upgrades and high pricing struggles against consumer spending cutbacks and minimal differentiation among models. Analysts suggest that a leadership change may be necessary to infuse the company with a visionary CEO who possesses strong software and AI expertise. Tim Cook's operational focus is seen as inadequate for driving the needed innovation for the future growth phase.
Apple is currently lagging behind in AI development and is not expected to introduce significant AI features in upcoming iOS updates until next year.
Continued reliance on incremental iPhone upgrades and premium pricing faces challenges due to consumer spending cutbacks and limited differentiation between models.
Analysts suggest that Apple might need a leadership change to inject visionary thinking and expertise in software and AI to drive future growth.
Tim Cook's operational focus has been viewed as lacking the innovative drive needed for Apple's subsequent growth phase.
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