I miss the days of true ‘reveals’ from Apple.
Instead, we got today the iPhone 16e, which is a step down from the existing iPhone 16. It includes Apple Intelligence, which has been a bust so far. We also got its first cellular modem chip.
Apple shares are down 0.2% today and not doing much on this announcement.
Meanwhile, CNBC reports that Microsoft has revealed a quantum chip called Majorana 1. Microsoft shares are flat but quantum computing meme stocks have jumped around 10%.