In just a few short days, Apple (AAPL) – one of the world’s largest and most influential companies – could make a game-changing announcement. According to our research, this news could send a few stocks soaring into the summer.
On Monday, June 10, at 1 p.m. EST, Apple will host its annual Worldwide Developers Conference (WWDC) in Cupertino, Calif. This event has been a tradition for the tech titan since 1983, where Apple typically updates customers on its latest software developments and announces new products and services.
Historical WWDC Announcements
For decades, Apple has used these annual events to make major announcements and launch significant new products. Here are a few highlights:
- 2006: Debut of the Mac Pro
- 2008: Announcement of the App Store for the iPhone
- 2023: Unveiling of the Vision Pro headset
This year, when Tim Cook takes the stage, he could make his company’s biggest announcement since Steve Jobs revealed the iPhone.
Apple: MIA in the AI ‘Arms’ Race
In the past few months, virtually every other Big Tech firm has made substantial investments and launched significant AI products and services. Microsoft has poured $10 billion into OpenAI and its ChatGPT product, Alphabet launched its AI chatbot Gemini, and Amazon invested $4 billion into AI startup Anthropic.
Despite these advancements, Apple, the world’s largest and most established technology company, has been notably absent from this AI race.
Holding Its Cards Close to Its Chest
On an earnings call back in February, Tim Cook hinted at Apple’s AI ambitions, stating, “We’ve got some things that we are incredibly excited about that we’ll be talking about later this year.”
While not much is publicly known about Apple’s AI innovations, insiders expect overhauls to its software ecosystem through AI enhancements. This means iOS, iPadOS, macOS, and other Apple operating systems will integrate native AI.
Imagine your iPhone helping you edit photos, craft messages, and even enhance emojis using artificial intelligence.
The New iPad and AI Capabilities
Last month, Apple rolled out new versions of its iPad Air and Pro. The newest iPad Pro, featuring the new Apple M4 chip, is designed to handle AI tasks more efficiently. The redesigned iPad Air comes with the M2 chip, which, while not as advanced as the M4, is still powerful.
Peeking Behind the Apple AI Curtain
Back in December 2023, Apple published two significant research papers on artificial intelligence. These papers detailed techniques for 3D avatars and more efficient large-language models (LLMs) for mobile devices.
HUGS (Human Gaussian Splats)
Apple scientists introduced HUGS, a method to generate animated 3D avatars from short videos taken with a single camera. This technology promises to create lifelike avatars in just 30 minutes using only 50 to 100 frames of video. It is up to 100 times quicker in training and rendering compared to existing methods, delivering photorealistic results.
Efficient Large-Language Models
Apple researchers also developed a system to deploy LLMs on devices with limited memory. This system minimizes the amount of data transferred from flash storage to the device’s memory during use, significantly improving the speed of AI tasks on consumer hardware.
Potential Impact of the Announcement
Apple is expected to unveil AI enhancements that could propel the company to the forefront of the AI race. This includes native AI integration across its software ecosystem and innovative AI features for its devices.
Limited-Time Replay!
On Monday, June 10th at 1 pm ET, Apple CEO Tim Cook is expected to make a significant AI announcement that could change the world as we know it. This announcement could potentially send certain stocks soaring into and beyond the summer.
The Final Word on an Apple AI Breakthrough
Apple will likely play its first card on June 10. Judging by its history, this could be an announcement for the ages. Through our research, we’ve identified a small-cap, patent-protected company that could soar if this partnership is confirmed at WWDC 2024 on Monday, June 10.
This is your opportunity to potentially profit from what may go down as the biggest AI announcement yet.