Gene Munster: AI messaging, not fundamentals, is holding back Apple stock

“Apple AI expectations peaked following the June 2024 announcement of Apple Intelligence, which positioned AI as having a quick impact on growth. In the end, the most important AI features never shipped, leaving Apple with a black eye and resetting how the company communicates upcoming AI features,” longtime Apple analysts Gene Munster writes for GeneMunster.com. “Since last summer, Apple’s AI communication strategy has been say less and show more. While consistent with