$60 Billion Vanish as Apple’s A.I. Gamble Falls Short

Apple unveiled its iPhone 16 lineup on Monday, September 9, 2024, in Cupertino, California. The event had generated high expectations. Hints about AI integration had sparked excitement three months earlier. However, the reveal left many investors and tech enthusiasts underwhelmed. Consequently, Apple’s stock price took a significant hit. Apple’s shares plummeted within 30 minutes of […]