Apple Introduces Generative AI iPhones
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generative AI smartphonesThe Motley Fool
•Prediction: This Tech Stock Could Take Off After the iPhone 16 Launch (Hint: It's Not Apple)
78% Informative
Apple 's new iPhone 16 lineup will get its first batch of generative AI features next month through a software update.
Apple has reportedly designed this chip using Arm Holdings' Armv9 architecture.
Apple 's iPhone 16 and the iPhone 16 Plus will be powered by the A18 chip, while the Pro and Pro Max versions will have the chip inside them.
Arm Holdings is well positioned to make the most of the booming demand for generative AI smartphones.
The growing demand for the Armv9 architecture will allow the company to generate fatter margins because of stronger royalties.
The company ended fiscal 2024 with $ 1.27 per share in earnings, which means that its bottom line could jump 23% in the current fiscal year .
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