Apple has requested a federal decide to dismiss a proposed class motion lawsuit accusing the corporate of defrauding shareholders by overstating Siri’s Apple Intelligence capabilities and misrepresenting its compliance with the Epic Video games App Retailer injunction.
At WWDC in June 2024, Apple previewed two of Siri’s most anticipated Apple Intelligence upgrades – private context and onscreen consciousness. The options have been presupposed to arrive as a part of iOS 18 and have been promoted the identical yr when launching the iPhone 16 fashions, however Apple continues to be engaged on them. In 2025, CEO Tim Cook dinner acknowledged in 2025 that growing a “extra private” Siri was “taking a bit longer than we thought.”
The delay led Apple to be accused in a March 2025 lawsuit of false promoting and unfair competitors. However in a Wednesday submitting in San Jose federal courtroom coated by Reuters, Apple argued there is no such thing as a proof executives knew on the time that both characteristic can be considerably delayed.
Apple’s movement additionally pushed again on separate claims associated to the Epic Video games injunction, which required the corporate to let builders hyperlink customers to exterior buy choices exterior the App Retailer’s 30 p.c fee construction.
Choose Yvonne Gonzalez Rogers discovered Apple in “willful violation” of that injunction final yr after the corporate launched a brand new system that also charged builders a 27 p.c charge on some exterior gross sales. A federal appeals courtroom partially reversed her sanctions in December.
Apple stated it by no means assured its compliance procedures can be foolproof, and argued the fraud claims have been unsubstantiated.
“It’s no secret that Apple confronted challenges and weathered ups and downs in its inventory value in 2025, like many main firms,” Apple stated. “However plaintiff takes a large and unsupported leap by claiming that securities fraud brought about the momentary value drops.”
The lawsuit covers shareholders who suffered losses between Might 2024 and Might 2025 and is led by South Korea’s Nationwide Pension Service, the world’s third-largest pension fund. Legal professionals for the shareholders haven’t but responded publicly to Apple’s submitting.
Apple plans to launch a extra personalised model of Siri powered by Google Gemini this yr. It’s anticipated to be a part of iOS 26.4, which is at present in beta testing and must be launched to most of the people in March or April.
