Apple Investors Initiate Legal Action Over Holdups in Apple Intelligence and Siri Progress

Apple Investors Initiate Legal Action Over Holdups in Apple Intelligence and Siri Progress

Apple Investors Initiate Legal Action Over Holdups in Apple Intelligence and Siri Progress


### Apple Confronts Shareholder Litigation Over AI Integration Assertions

Apple Inc. is presently involved in a notable legal dispute following the launch of its Apple Intelligence program. Shareholders have filed a proposed class action lawsuit against the technology titan, claiming that the company distorted the expected timeline and functionalities of integrating sophisticated artificial intelligence into its Siri voice assistant. This lawsuit, as outlined by Reuters, asserts that such distortion has negatively impacted iPhone sales and the firm’s stock value.

#### Claims of Distortion

The lawsuit particularly focuses on Apple executives, including CEO Tim Cook, CFO Kevan Parekh, and former CFO Luca Maestri. Shareholders, spearheaded by Eric Tucker, contend that during the June 2024 Worldwide Developers Conference (WWDC), Apple implied that AI would greatly improve the forthcoming iPhone 16 models. However, the actual unveiling of Apple Intelligence, which was intended to enhance Siri’s performance, was viewed as lackluster, with only minor adjustments revealed.

The complaint underscores that shareholders endured considerable losses, potentially reaching hundreds of billions of dollars, in the year leading up to June 9, 2025. This timeframe coincided with Apple’s launch of various product features and design enhancements, while advancements in AI were strikingly limited.

#### Postponement and Absence of Updates

The lawsuit notes the announcement of a delay in the deployment of a more powerful Siri in March 2025 as a crucial instance when the “truth started to surface.” Moreover, it highlights the WWDC 2025 event, where Apple did not reveal any noteworthy updates regarding advanced Siri functionalities, intensifying shareholder apprehensions.

A contentious point within the litigation is whether Apple possessed a working prototype of the improved Siri that was promised at WWDC 2024. Apple executives have categorically rejected allegations that the feature was merely “demoware.” Nonetheless, industry analysts, including John Gruber, have questioned Apple’s claims, suggesting that the anticipated features may not have been developed as advertised.

#### Allegations of Vaporware

Gruber’s description of the Siri upgrades as “vaporware” is specifically mentioned in the lawsuit, particularly concerning his article titled “Something Is Rotten in the State of Cupertino.” This term denotes products that are announced but fail to materialize, raising concerns about Apple’s transparency and the viability of its AI efforts.

#### Further Legal Obstacles

This lawsuit is not the sole legal challenge Apple faces regarding its AI capabilities. The company is also under scrutiny from a separate class action lawsuit for allegedly deceiving consumers about the status of Siri and the functionalities of Apple Intelligence.

As the case progresses in the U.S. District Court for the Northern District of California, it remains uncertain how Apple will address these allegations and what ramifications they may have for the company’s future within the competitive tech arena.