Key Takeaways Apple's stock is on pace to fall for the third day in a row after the iPhone maker reportedly said it would delay certain Apple Intelligence features for Siri.Apple's slide came even as other tech stocks rallied Wednesday.

After admitting that AI-powered upgrades to Siri are taking “longer than we thought,” Apple has added a disclaimer to its iPhone 16, 16E, and 16 Pro product pages warning that some features “will be available with a future software update.

The company, which has faced slumping iPhone sales in recent months, said that it would take it longer than expected to make Siri more personalized.

Apple’s decision to delay the rollout of certain AI-driven Siri features could hold back iPhone sales, analysts at Citi said Monday.

Apple (AAPL) expects Siri to receive an AI enhancement through the company's Apple Intelligence platform to take "longer than we thought," according to a recent statement. Yahoo Finance tech editor Dan Howley sits down with Brad Smith on Wealth for a conversation about the features to expect from Apple's Siri when it is finally integrated with AI capabilities "in the coming year.

Apple says the highly-anticipated AI overhaul that would give Siri to more contextual awareness and get work done across different apps will arrive next year.

If you’ve been eagerly awaiting Apple’s AI-powered Siri upgrade, brace yourself as the wait just got longer. Originally expected with iOS 18.4 this April, the big Siri upgrade was reported to take longer than that.

The Apple, Inc. (AAPL) feed on Stocktwits saw brisk activity after a bullish analyst cut his price target for the stock by roughly 9%. In a note released Wednesday, Morgan Stanley analyst Erik Woodring reduced the price target for Apple stock to $252 from $275.

Apple stock fell on reports that the consumer electronics giant has delayed the release of an AI-powered upgrade to its Siri digital assistant.