Apple to Usher in Multi-Year Device Upgrade Cycle with AI
TapTechNews June 1st news, Fortune posted a blog on May 29th, stating that Apple will usher in a multi-year device upgrade cycle in the AI wave, igniting consumers' upgrade enthusiasm, similar to the situation when the iPhone was first released in June 2007.
The blog quoted the opinion of Wamsi Mohan, a senior equity analyst at Bank of America, who called the AI-enabled mobile phone IntelliPhones, which will be fundamentally different from the current SmartPhone.
Mohan believes that IntelliPhones have functions such as real-time language translation, automatic appointment and travel scheduling, and can also help users with their studies, etc. It is no longer just a mobile phone accessing various services, but a user's attentive butler.
A part of the letter that Mohan wrote to Bank of America customers translated by TapTechNews is as follows:
We believe that the launch of IntelliPhones is similar to the upgrade from feature phones to smart phones and will be a once-in-a-decade upgrade event in the mobile phone industry. This step-like functional improvement will bring a multi-year upgrade cycle.
Apple has more than 2.2 billion active iPhone users worldwide. With Apple's appeal and influence, many of them may be persuaded to upgrade after entering the IntelliPhones market. Mohan believes that with the advent of the IntelliPhone era, Apple will benefit from the multi-year iPhone upgrade cycle.
The analyst from Bank of America said that IntelliPhones will bring new AR and VR functions as well as health-related functions to mobile phones, which will make these phones a must-have in the minds of the public.
The analyst wrote:
With the development of artificial intelligence technology, the gap between IntelliPhones and traditional smart phones may widen further because it can provide more complex and personalized functions, thereby promoting people's upgrade desire.
In view of its portability, functionality, and cost, IntelliPhones will dominate the field of artificial intelligence in personal computers.