Apple Sees Boost From AI Features After Uneven Third Quarter (1)

Apple Inc. predicted that its new artificial intelligence features will spur iPhone upgrades in coming months, helping the company reemerge from a sales slowdown that has hit its China business especially hard.

Chief Executive Officer Tim Cook, speaking on a conference call Thursday to discuss third-quarter results, said that upcoming Apple Intelligence features will provide a fresh reason for customers to buy new phones.

“It will be a very key time for a compelling upgrade cycle,” he told analysts on the call.

The remarks followed generally upbeat third-quarter results that were marred by sluggish sales in China. Apple ...