4.8 • 118 Ratings
🗓️ 9 June 2025
⏱️ 35 minutes
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0:00.0 | The stock market still open for business and is green across the board here. |
0:05.0 | We are in Apple Park today. |
0:07.0 | W.WDC 25 just ended about 45 minutes ago. |
0:12.0 | The company's big event where some were hoping for major announcements regarding artificial intelligence, |
0:17.0 | more on Apple intelligence and some of the other features that were announced here. |
0:21.4 | I've got Steve Kovac, our reporter, who's been on site all day. |
0:24.5 | Wed Bush analyst Dan Ives is here with me as well as we take into account everything that happened |
0:29.5 | today, and we discuss what it means for the stock, which has dramatically underperformed some of |
0:34.6 | its Mag 7 mates year to date. |
0:36.9 | I think you could say if you take a look at some of |
0:38.5 | the performance there, Apple shares have been down about 18 or 19% year to date, while many of the other |
0:42.8 | stocks have done quite well. As this event, Steve, was unfolding. You talked about very minor AI |
0:50.9 | features. That's how you described it. So what do you think the great takeaway is from |
0:55.8 | this event here today? Yeah, going in, I mean, the bar was on the floor, right? Scott, it was, |
0:59.8 | they just had to not trip over it. No one really expected a ton of things. The vibe was quite muted. |
1:05.0 | Kiff Leswing, our colleague from CNBC.com, he was actually in the keynote and with the crowd. And you said he's never been to an |
1:11.5 | Apple event this muted. Usually you hear a lot more cheers and and things like that going on. |
1:16.3 | Didn't get a lot of that this time. I think there are some cheers for the karaoke app, I guess. |
1:20.2 | But when it comes to artificial intelligence and when it comes to the AI stuff that our audience |
1:25.3 | really wants to know what Apple's next step in that is. They've got |
1:28.5 | some minor things. Live translation. Pretty cool. Nothing we haven't seen from meta or Google or |
1:33.8 | Open AI. There's this workout buddy that can kind of intelligently coach you as you're doing your |
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