Apple Will Make Billions From AI in These 2 Ways. Is It Time to Buy the Stock?

Apple's new Siri AI update, which offers advanced features like conversation memory and photo/message search, is expected to drive significant revenue through two mechanisms: forcing iPhone upgrades among the 1.5 billion existing users (since older models won't support the features), and creating a new services revenue stream through iCloud+ subscriptions for expanded AI usage. Analysts estimate AI services could add $15-20 billion annually to Apple's services revenue.