Apple Stock Eases as Siri Upgrade Faces Development Delays
Apple Inc. (NASDAQ: AAPL) shares trimmed earlier gains on Wednesday afternoon but still closed higher by 0.9%, following reports that the company’s major Siri upgrade is encountering development challenges.
Siri Upgrade May Be Delayed
Apple’s latest effort to enhance its virtual assistant has reportedly faced testing issues in recent weeks. These complications could delay the rollout of several highly anticipated features.
Initially, Apple planned to introduce the upgraded Siri capabilities in iOS 26.4, scheduled for release in March. However, according to a Bloomberg News report citing sources familiar with the matter, the company is now considering spreading the new features across future software updates.
As a result, some of the improvements may not arrive until iOS 26.5, expected in May, or even iOS 27, projected for September. The delays mark another hurdle in Apple’s broader initiative to modernize Siri, a strategy first unveiled in June 2024.
Investor Reaction Remains Calm
Despite concerns about potential delays, market reaction was relatively contained. Apple stock had climbed as much as 2% earlier in the trading session before paring gains later in the day.
Overall, while the Siri upgrade timeline may shift, investors appear confident in Apple’s long-term product strategy and innovation roadmap.
