Apple Inc. (NASDAQ: AAPL) has shared its schedule for the 2024 Worldwide Developers Conference (WWDC) as the Tim Cook-led company is expected to unveil its AI strategy.
What Happened: Apple confirmed that the keynote would commence on June 10 at 10:00 a.m. Pacific Time. The tech behemoth is expected to unveil updates to its operating systems, including iOS 18, iPadOS 18, macOS 15, tvOS 18, watchOS 11, and visionOS 2. No hardware rumors have been reported so far.
The event is slated to run from June 10 to June 14.
After the keynote on June 10, Apple will host the "Platforms State of the Union" and the Apple Design Awards. These events will be available on Apple's website, the Apple Developer App, the Apple TV app, and YouTube (NASDAQ: GOOG) (NASDAQ: GOOGL).
Most of the major AI-related announcements, among other software updates, are expected to be revealed during the keynote speech that will kick off WWDC.
A select group of developers will also be invited to a viewing party at the Apple Park campus in Cupertino, California.
Throughout the week, Apple will conduct online labs and consultations for developers, providing guidance on implementing the new features announced at WWDC.
Why It Matters: Tech analysts have been predicting a significant growth phase for Apple, driven by advancements in AI technology. WWDC could be a pivotal moment for the company to showcase these developments.
Prominent Apple bull, Wedbush's Dan Ives, thinks Cupertino's potential partnership with Microsoft Corp.-backed (NASDAQ: MSFT) OpenAI could be a "key moment" for the company, indicating the possibility of significant announcements.
Just days before the WWDC schedule announcement, Ives highlighted the "AI moment" for Apple's iPhone, suggesting that the company, along with Microsoft, could reach a $4 trillion market capitalization this year.