As I drove home yesterday from an Apple investors conference in Boston, I kept thinking about two things our guest analysts said.
"I don't think we're going to hear a ton about AI." — Toni Sacconaghi
Read More Look who CNBC brought on for its Apple WWDC walkup
"Through extensive experimentation across diverse puzzles, we show that frontier LRMs face a complete accuracy collapse beyond certain complexities." — Apple Machine Learning
Read More Apple researchers trash AI 'reasoning' models on the eve of WWDC
“We believe that, for this stock to work, it must have the catalyst of an iPhone replacement cycle, which we do not foresee in the next 12 months.” — Needham’s Laura Martin.
Read More WSJ: Heading into WWDC, AI may be the least of Apple's worries
"What jumps out to me is that Apple has a more advanced cloud-based LLM that is rumored to be 150 billion parameters. This would be comparable to ChatGPT-4o, which is impressive and would mark about a 50x increase in model size."
Read More Gene Munster: Apple has a couple years to get AI right
"I’m sure there are still environments where hallucination matters. But “hallucination” is the first thing developers bring up when someone suggests using LLMs, despite it being (more or less) a solved problem."
Read More 'Hallucination' is (more or less) a solved problem
"We see multiple avenues for revenue and margin growth." — Analyst Wamsi Mohan
Read More BofA sticks with Buy rating and $235 Apple price target
"The company has held off on using the technology to offer its own chatbot due to concerns over hallucinations and philosophical differences among company executives." — Mark Gurman
Read More Apple chatbot hallucinations: What would Steve have said?
Who remembers Apple's eWorld belly flop?
5 months ago
5 months agoTommo does, and he says Apple Intelligence may be headed for the same landing.
"With the one-year anniversary of Apple Intelligence approaching, the company finds itself in a bind. It needs to build some AI buzz at the June 9…
Read More Mark Gurman: Apple's AI efforts will disappoint at WWDC 2026
19 Comments