Feb. 16 at 7:16 PM
Apple Inc. announced it will hold a product event in New York on March 4, fueling speculation about the launch of a lower-cost iPhone, updated iPads, and possibly a budget MacBook. However, expectations for an AI-powered Siri unveiling have diminished.
The company is reportedly preparing to introduce an iPhone 17e, replacing the 16e as its entry-level model. New iPads and several MacBooks, including a more affordable version, are also expected in the first half of 2026.
An upgraded “Siri 2.0” with advanced AI capabilities is now likely to debut later in the year, potentially in May with further features in September, according to reports. Apple had originally aimed for a mid-2025 rollout and has enlisted Google’s Gemini AI to strengthen its artificial intelligence efforts.
Apple shares fell 8% last week to 255.78, dropping below their 50-day moving average, though the stock still holds a 280.90 cup-with-handle buy point. Meanwhile, Alphabet Inc.
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