Apple unveils Siri AI at WWDC plus iOS 27 updates, but AAPL shares slide

Apple previewed major WWDC software releases centered on “Siri AI” alongside updates to Apple Intelligence and family-safety controls. The company said Siri AI will replace the current Siri experience across iPhone, iPad, Mac, Apple Watch and Apple Vision Pro. Siri AI can use personal context to help search messages, emails, photos and other content, complete tasks across apps via systemwide actions, and answer questions about what’s on the screen. Apple also said Siri AI can pull current information from the web when needed, with iCloud privately syncing conversation history across devices. On parental controls, Apple added new child-safety tools, including app access choices during setup, approval requirements for adding contacts, and system interventions when explicit or violent content appears. Screen Time was redesigned with clearer usage insights, daily limits across entertainment, games and social media, and schedule-based controls. Apple Intelligence updates include improvements to Photos editing tools, Safari browsing across multiple tabs, and upgrades to Messages and Mail for communication tasks, plus new Image Playground functions. Apple also highlighted performance gains for its 2027 releases (faster app launches, quicker Photos loading, and faster AirDrop transfers) and an improved search foundation. Market note: AAPL closed at $301.54, down 1.89%, and later fell to $300.67 after hours. While this is not a direct crypto protocol update, Apple’s Siri AI push can influence broader “tech stock risk appetite” sentiment that often spills into crypto flows.