Apple on Monday announced a new iPhone built for generative artificial intelligence as it seeks to boost sales and show it is keeping up in the technology race.
The tech giant has a lot riding on what would be the iPhone 16 and will hope that customers are enticed to buy the latest models, attracted by new AI powers.
โWe are thrilled to introduce the first iPhones designed from the ground up for Apple Intelligence and its breakthrough capabilities,โ Apple chief executive Tim Cook said at an event at the iPhone-makerโs Silicon Valley headquarters.
With $39 billion in sales last quarter, the iPhone counts for roughly 60 percent of Appleโs revenue, and remains the main entryway to the companyโs services, such as the App Store or Apple TV, which are becoming a growing part of its business.