“By now it's become clear that this June we will see their [Apple's] first foundation model, something that will compete with GPT, Gemini, xAI, Anthropic.”

Apple unveiled Apple Intelligence, built on its own Apple Foundation Models, at WWDC on June 10, 2024, within the predicted window. Munster's accompanying framing of the opportunity as roughly $33 billion a year in revenue, moving earnings in double digits, carried no deadline and has not materialized.