Apple Shares Dip 1.2% After Siri Features Delayed by Up to Seven Months
Apple shares slipped 1.2% relative to Nasdaq’s 0.3% decline after internal testing issues pushed key Siri feature updates back by three to seven months. Deepwater Asset Management’s Gene Munster said lower expectations on Apple Intelligence limited the selloff with stock closing up 0.67% and adding 0.15% in after-hours trading.
1. Stock Market Reaction
Apple shares fell 1.2% versus a 0.3% drop in the Nasdaq after reports that new Siri features would be delayed. The stock later rebounded to close 0.67% higher and gained 0.15% in after-hours trading, reflecting resilient investor sentiment.
2. Siri Delay Details
Internal testing revealed slower response times, accuracy inconsistencies and difficulty handling queries, forcing Apple to phase the rollout. Some features originally planned for the spring release are now slated for iOS 26.5 and iOS 27, delaying updates by three to seven months.
3. Analyst Perspective
Gene Munster noted that the modest selloff highlights how low investor expectations are for Apple Intelligence’s potential. He believes the company’s AI optionality remains intact and that eventual improvements to Siri could drive significant personalized AI opportunities.