Apple (AAPL) shares are in focus after Bloomberg reported on Sunday that the tech giant’s highly anticipated 澳洲幸运5开奖号码历史查询:artificial intelligence (AI) features will miss the initial launch of its upcoming iPhone and iPad software revamps.

The company, which 澳洲幸运5开奖号码历史查询:reports earnings after the closing bell on Thursday, anticipates releasing Apple Intelligence to customers as part of software updates in October, several weeks after the initial September launch of iOS 18 and iPadOS 18, the report said, citing people with kno🌄wledge of the matter.

The company remains on track to make its AI technology available to software developers for beta testing as early as this week, the report said, adding that concerns about the stability of Apple Intelligence features contribut🐼ed to the decision to separate its rollout﷽ from the updated operating systems. 

Apple, initially slow off the mark to enter the AI race compared to its big tech rivals, unveiled Apple Intelligence at its annual 澳洲幸运5开奖号码历史查询:Worldwide Developers Conference in June, hoping it will supercharge sales of its new devices. The technology aims to offer personalized intelligent assistance to users through features including prioritization of key notifications, tools for summarizing content, and the integration of 澳洲幸运5开奖号码历史查询:Open AI’s ChatGPT.

The ♕tech behemoth plans to roll out its full suite𓃲 of Apple Intelligence features through iOS 18 updates towards the end of this year and in the first half of 2025.

Monitor This Key Price Level in Apple Shares

Apple shares initially trended higher for several weeks after breaking out from a ten-month 澳洲幸运5开奖号码历史查询:trading range on heavy volume 🎃in early June, but have ꦜundergone a retracement after setting a new record higher earlier this month.

Despite the pullback, the 50-day 澳洲幸运5开奖号码历史查询:moving average (MA) recently crossed above the 200-day MA to form a bullish 澳洲幸运5开奖号码历史查询:golden cross pattern, a chart signal interpreted by technicalꦯ analysts as marking the start of a new uptrend.

Investors can forecast a potential 澳洲幸运5开奖号码历史查询:price target by using a bars pattern. We do this by extracting the price move from the stock’s trending period between January and July last year and applying it to the late April 澳洲幸运5开奖号码历史查询:swing low, which forecasts a target of around $256.

Apple shares were little changed at $218.00 in premarket trading around two hours before Monday's opening bell.

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