On June 10, following Apple's unveiling of its revamped Siri AI at the Worldwide Developers Conference (WWDC), the stock market responded with lackluster enthusiasm, causing Apple's shares to tumble more than 3% by Tuesday. CNBC reported that during the June 8 event, Apple highlighted the new Siri AI and other enhancements under its Apple Intelligence initiative. However, investors raised questions about the speed of the rollout and the technology's commercial viability. The primary worry in the market is that the updated Siri seems to only fill in Apple's existing gaps, rather than providing a compelling reason for consumers to immediately upgrade their iPhones.
