
Apple's ‘AI push' could mean smart glasses arrive as soon as 2026
According to a new report from Bloomberg's Mark Gurman, Apple is seeking to release a set of smart glasses by end of 2026 as part of a "push into AI-enhanced gadgets."
The Apple Glasses, meant to take on the Meta Ray-Ban glasses and any upcoming products built on the Android XR platform that Google showed off this week, have entered a ramped up development to meet the target date. Prototypes should be produced by the end of this year, the Bloomberg report claims.
With OpenAI buying former Apple Chief Design Officer Jony Ive's company (which he started with OpenAI's Sam Altman) to build the 'iPhone of AI' it seems the Cupertino giant is feeling the pressure.
In April, it was reported that Apple CEO Tim Cook is "obsessed" with launching a pair of Apple Glasses.
Like other smart glasses, the Apple version is supposed to feature cameras, microphones and speakers. Coupled with Apple Intelligence and Siri, they could potentially analyze the external world and take on tasks like music playback, live translations, and phone calls.
Gurman claims that Apple wants its glasses to use augmented reality (AR) to use displays and other tech to show digital content on the lens, but that feature might not come any time soon.
Allegedly, Apple's Vision Products Group, makers of the Vision Pro headset, will develop this product. And while they are working on a new version of Apple's spatial computing headset, apparently, Glasses are getting the bulk of the focus.
Get instant access to breaking news, the hottest reviews, great deals and helpful tips.
The group is supposed to be helping design a chip meant for smart glasses, which might launch next year.
Much of Apple's future plans depend on the company bolstering Apple Intelligence, something the company has struggled with since its take on AI was announced in June of 2024.
A number of reports have come out in the last few months that claim that Apple couldn't get its priorities in order especially when it comes to Siri.
Recently, Apple has started to open up its walled garden by allowing third-party LLMs to help bolster Apple Intelligence alongside ChatGPT which is already integrated with Siri.
For the rumored glasses to succeed in the way Apple wants, the company will have to offer a more robust version of its AI tools, including a smarter version of its personal assistant. That could happen with the iOS 19 update likely to arrive later this year. Not only will iOS 19 offer a redesign for Apple's iPhone software, it's supposed to give Apple Intelligence a boost.
There have been rumors that Apple was working on an Apple Watch or Apple Watch Ultra that would feature a camera; however, Gurman claims those plans have been squashed.
A rumored AirPods update that would feature built-in cameras is still in the works. Reportedly, those earbuds would launch next year as well.
Next year could be big for Apple with new products and overhauled classics. Apple's first foldable phone should also launch late next year.
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
42 minutes ago
- Yahoo
Which Vanguard ETFs Have Beaten Warren Buffett's Favorite ETF Since Inception?
Only two Vanguard ETFs have outperformed Buffett's favorite ETF over the long run. Both of these winners focus on large-cap growth stocks. 10 stocks we like better than Vanguard Scottsdale Funds - Vanguard Russell 1000 Growth ETF › Warren Buffett has dropped enough hints to ascertain that his favorite exchange-traded fund (ETF) is the Vanguard S&P 500 ETF (NYSEMKT: VOO). This ETF has been a huge winner historically, but which Vanguard ETFs have beaten Buffett's favorite ETF since inception? Only two make the list: the Vanguard Russell 1000 Growth Index Fund ETF (NASDAQ: VONG) and the Vanguard S&P 500 Growth Index Fund ETF (NYSEMKT: VOOG). Of Vanguard's 94 ETFs, the Vanguard Russell 1000 Growth ETF has been the best performer over the long run. This fund's average annual return since its inception on Sept. 20, 2010, is an impressive 16.4%. By comparison, the Vanguard S&P 500 ETF's average annual return since its inception on Sept. 7, 2010, is 14.24%. This Vanguard ETF attempts to track the return of the Russell 1000 Growth Index. The index includes growth stocks in the large-cap Russell 1000 index. The Vanguard Russell 1000 Growth ETF currently owns 392 stocks. Its largest positions are Microsoft, Nvidia, Apple, Amazon, and Meta Platforms. Not so coincidentally, these are also the five largest holdings of the Vanguard S&P 500 ETF. Many of the stocks in the Vanguard Russell 1000 Growth Index Fund ETF are also in the Vanguard S&P 500 ETF, so how has it delivered such a higher average annual return? One key is that the ETF's focus on growth stocks eliminates some of the S&P 500 members that don't typically generate outstanding returns. Granted, there is at least one way that the Vanguard S&P 500 ETF beats the Vanguard Russell 1000 Growth ETF. Its annual expense ratio of 0.03% is lower than the latter's expense ratio of 0.07%. Of course, that small difference doesn't matter much with the Vanguard Russell 1000 Growth ETF's higher returns. Also, if you're interested in income, you'll probably prefer the Vanguard S&P 500 ETF. Its 30-day SEC yield (which reflects a fund's projected annual dividend yield over a trailing-30-day period) is 1.24%, versus only 0.53% for the Vanguard Russell 1000 Growth ETF. Since the Vanguard Russell 1000 Growth ETF has outperformed the Vanguard S&P 500 ETF over the long term, it isn't surprising that the Vanguard S&P 500 Growth ETF has also been a bigger winner. This Vanguard ETF has delivered an average annual return since its inception on Sept. 7, 2010, of 16.01%. Like the Vanguard S&P 500 ETF, the Vanguard S&P 500 Growth ETF only includes stocks in the S&P 500. However, it's even more exclusive by limiting the pool to growth stocks. The fund currently owns 212 stocks. Its top holdings are similar to those of the Vanguard S&P 500 ETF, but not exactly alike: Nvidia, Microsoft, Meta Platforms, Apple, and Broadcom. The main disadvantages of the Vanguard S&P 500 Growth ETF compared to the Vanguard S&P 500 ETF are the same as those mentioned for the Vanguard Russell 1000 Growth ETF. The fund's annual expense ratio of 0.07% is a little higher. Its 30-day SEC yield of 0.55% is lower. If you wanted to beat Buffett's favorite ETF in the past, the only Vanguard ETFs to have pulled it off since inception are the Vanguard Russell 1000 Growth Index Fund ETF and the Vanguard S&P 500 Growth Index Fund ETF. However, there's a more important question: Which Vanguard ETFs are most likely to outperform the Vanguard S&P 500 ETF over the long term? I think the Vanguard Russell 1000 Growth ETF and the Vanguard S&P 500 Growth ETF would likely make the list again. Their focus on stocks that deliver strong growth could give these ETFs an edge. It's important to note, though, that over multiple decades, small-cap value stocks have typically outperformed other asset classes. With this in mind, the top Vanguard ETFs to own in the future just might include the Vanguard S&P Small-Cap 600 Value ETF (NYSEMKT: VIOV) and the Vanguard Small-Cap Value ETF (NYSEMKT: VBR). Only time will tell. Before you buy stock in Vanguard Scottsdale Funds - Vanguard Russell 1000 Growth ETF, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and Vanguard Scottsdale Funds - Vanguard Russell 1000 Growth ETF wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $659,171!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $891,722!* Now, it's worth noting Stock Advisor's total average return is 995% — a market-crushing outperformance compared to 172% for the S&P 500. Don't miss out on the latest top 10 list, available when you join . See the 10 stocks » *Stock Advisor returns as of June 9, 2025 John Mackey, former CEO of Whole Foods Market, an Amazon subsidiary, is a member of The Motley Fool's board of directors. Randi Zuckerberg, a former director of market development and spokeswoman for Facebook and sister to Meta Platforms CEO Mark Zuckerberg, is a member of The Motley Fool's board of directors. Keith Speights has positions in Amazon, Apple, Meta Platforms, and Microsoft. The Motley Fool has positions in and recommends Amazon, Apple, Meta Platforms, Microsoft, Nvidia, and Vanguard S&P 500 ETF. The Motley Fool recommends Broadcom and recommends the following options: long January 2026 $395 calls on Microsoft and short January 2026 $405 calls on Microsoft. The Motley Fool has a disclosure policy. Which Vanguard ETFs Have Beaten Warren Buffett's Favorite ETF Since Inception? was originally published by The Motley Fool
Yahoo
an hour ago
- Yahoo
OpenAI Careens Toward Messy Divorce From Microsoft
Quick, someone call TMZ: There's an even messier celebrity breakup than Trump-Musk with countless billions at stake. Relations between OpenAI and its largest investor, Microsoft, are continuing to fray as the ascendant artificial intelligence firm struggles to get approval from its investor on the fine points of reorganizing into a for-profit public benefit corporation. According to a report in The Wall Street Journal last week, OpenAI is now even considering a 'nuclear option' to sever ties for good. READ ALSO: Drones Steal the Paris Air Show and Berkshire Slips Amid Concern Retiring CEO May Take 'Buffett Premium' With Him At the heart of the matter is how large a stake Microsoft will own in OpenAI's public benefit corporation, a subsidiary of the ChatGPT maker that will still be controlled by the nonprofit parent. According to a recent Reuters report, OpenAI wants the Big Tech player to hold a 33% stake while relinquishing its rights to future profits. Microsoft hasn't agreed, and the two sides are at loggerheads over the matter, though it's far from their first fight. Microsoft already loosened its grip on the AI firm in January, allowing some key terms of their agreement to change so that OpenAI could tap data centers outside of the Microsoft Azure infrastructure. That resulted in 'Stargate,' a high-profile $500 million data center joint venture between OpenAI, Softbank, and Oracle (with Microsoft, Nvidia, and Arm serving as 'technology partners'). But opening the door to more independence may be objectionable to Microsoft: Earlier this month, Reuters reported OpenAI is now planning to tap Google's cloud services to meet its growing need for computing capacity. In another line-crossing move, The Information reported last week that OpenAI has been offering a suite of ChatGPT enterprise tools at discounts of up to 20%, directly undercutting sales of competing Microsoft services like Copilot. In other words, tensions are at an all-time high, and now both sides are throwing around fighting words at a time when level-headed communication is crucial: According to the WSJ, OpenAI executives have discussed a 'nuclear option' of formally accusing Microsoft of antitrust violations if it can't come to an agreement with the Windows-maker over transition terms. According to a Financial Times report published Wednesday, Microsoft is prepared to walk away from negotiations altogether and simply ride out its existing commercial contract with OpenAI, which is set to last until 2030. That would leave OpenAI stuck with its current structure, which means it'd lose out on half of the $40 billion investment SoftBank committed to making in April, which was contingent on a successful restructuring to for-profit by the end of the year. Burn Book: Microsoft isn't the only Big Tech firm OpenAI has waded into a blood feud with. The company now finds itself openly at war with Meta, which is offering $100 million signing bonuses to poach OpenAI talent as it seeks to bolster its AI efforts. OpenAI founder Sam Altman last week jabbed back by saying, 'I don't think that [Meta's] great at innovation.' At this rate, we have to imagine Altman isn't exactly the most popular player at our imagined weekly poker night among Silicon Valley bigwigs (actually, let's be honest, they're probably playing Magic: The Gathering). This post first appeared on The Daily Upside. To receive delivering razor sharp analysis and perspective on all things finance, economics, and markets, subscribe to our free The Daily Upside newsletter. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
2 hours ago
- Yahoo
Should You Buy the Dip on Apple Stock This Year?
Apple is still driven by iPhone sales, and it failed to successfully launch the Vision Pro headset. The services segment is growing steadily, but under risk from lawsuits. Apple's stock trades at a high earnings ratio today. 10 stocks we like better than Apple › After peaking at around $260 near the end of 2024, Apple's (NASDAQ: AAPL) stock price has entered a bear market. Even with the wide stock market indices approaching new all-time highs, shares of Apple are down 25%, making it one of the worst-performing large-cap technology stocks in 2025. Investors are worried about tariffs, slowing revenue growth, and antitrust lawsuits that may impact the smartphone maker's future earnings power. Is now the right time to buy the dip on Apple stock? Let's put the numbers to the test and show why Apple is a risky big tech stock to purchase today. The iPhone is still a blockbuster consumer product. Over the last six months alone, the segment has generated more than $100 billion in revenue for Apple, making it the most popular smartphone in the world by revenue. The problem for investors is the fact sales have stagnated for the last few years. Apple has been able to consistently raise the price of new iPhones, but upgrade cycles are proving longer and longer for consumers, meaning they are going more years before buying the latest device. This is a major headwind to revenue growth. In order to expand its ecosystems of devices, Apple has made inroads into wearables like the Apple Watch and AirPods. These are successful products, but will not move the needle for Apple's $400 billion in consolidated annual revenue. To do that, Apple made its largest hardware launch since the iPhone with the Vision Pro virtual reality headset. A device that costs $3,500, the headset was supposed to be Apple's next big computing paradigm, giving its users more advanced computing tools for work and pleasure. So far, it looks like the Vision Pro has been a flop. Estimates are that unit sales are cumulatively less than 1 million, with many purchasers reportedly stopping using the device after a trial period. Apple remains a hardware provider tethered to iPhone sales, a product category that has matured. Expect more struggles to grow revenue on the hardware side of things in the years ahead unless Apple can come up with a breakthrough new computing device. The golden goose of Apple's business in the last few years has been its software and services segment. Including App Store revenue, licensing deals, and revenue from its first-party apps such as Apple Music, services revenue has grown from $13 billion in 2012 to $102 billion over the last 12 months. Services revenue comes with high profit margins, too. Services gross profit was $76 billion over the past 12 months, which is closing in on the $110 billion in gross profit the company gets from hardware products. Apple has one problem: Its services cash cow is under attack. First, the App Store monopoly on Apple devices has been broken due to a court ruling. Apple charges a 30% take rate on some transactions performed on an iPhone for application developers, and previously did not allow third-party payment methods unless users went to a mobile browser. The court ruling states that developers are allowed to now market directly to consumers to use cheaper payment methods, which could mean circumvention of Apple's payment ecosystem. Estimates vary, but App Store revenue is projected to be at least $10 billion a year in high-margin revenue for Apple. This is not the only antitrust lawsuit putting Apple's profits at risk. There is an antitrust court case that partially covers the large payment Alphabet's Google Search makes to be the default engine on Apple devices, with estimates that the payment is more than $20 billion a year in pure profit. This could greatly impact Apple's services gross profit, as well as its consolidated bottom-line earnings. Add both together, and it is clear that Apple's services division is under threat, and it's the only bright spot in the business over the last few years. Apple stock has gotten cheaper to start 2025, but that does not mean it is cheap. It currently has a price-to-earnings ratio (P/E) of about 30.5, which is higher than some of its technology peers that are growing much faster. Stocks with P/E ratios above 30 are typically reserved for companies with earnings growing at a quick pace, with strong future growth prospects. Apple's net income has not grown since 2022, making it one of the slowest-growing stocks with a high P/E ratio on the market today. That is a dangerous combination. We cannot forget to talk about tariffs. Apple is at the heart of the trade war between the United States and China, where most Apple devices are assembled. In the past, Apple has been able to negotiate its way out of high tariffs put on its devices, but this time may not go so well. High tariffs on imports to the United States would be brutal for Apple, as it is virtually stuck assembling most of its devices in China for the time being. Plus, moving to new markets or the United States comes with added expenses. There is not much to like about Apple stock today. Its key product is seeing slowing growth, the profitable services segment is under fire, and it trades at an expensive valuation. Add tariff risk, and there is no good reason to buy the dip on Apple stock today. Before you buy stock in Apple, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and Apple wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $659,171!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $891,722!* Now, it's worth noting Stock Advisor's total average return is 995% — a market-crushing outperformance compared to 172% for the S&P 500. Don't miss out on the latest top 10 list, available when you join . See the 10 stocks » *Stock Advisor returns as of June 9, 2025 Suzanne Frey, an executive at Alphabet, is a member of The Motley Fool's board of directors. Brett Schafer has positions in Alphabet. The Motley Fool has positions in and recommends Alphabet and Apple. The Motley Fool has a disclosure policy. Should You Buy the Dip on Apple Stock This Year? was originally published by The Motley Fool Error while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data