In the end, Apple's 2024 Worldwide Developers Conference proved to be a flop, with the stock sliding 1.9%, its worst WWDC performance since 2010 and the 4th worst in the iPhone era.
It wasn't supposed to be like this: Apple was supposed to make the grand introduction of (Open AI's ChatGPT) artificial intelligence features and pretend they are the company's, leading to the long-overdue surge in AAPL stock which has painfully underperformed most pure AI names. However, once the market realized that Apple can even in house its own AI module, that's when the wheels fell off (the "introduction" of a calculator for the iPad did not help Apple's trailblazing image).$AAPL finished down 1.9%. Worst performance since 2010. 4th worst performance in the iPhone era. https://t.co/IhzdKMYNU5
— Walter Piecyk (@WaltLightShed) June 10, 2024
