Slim iPhone Air may be a design win for Apple, but AI doubts linger, over 3% shares dropped

Apple CEO Tim Cook channeled his predecessor and design genius Steve Jobs on Tuesday when he unveiled the iPhone Air, the company’s slimmest handset yet and the biggest change in eight years to a lineup fans and analysts complained was stagnating.

Cook kicked off the company’s annual product launch event at its Cupertino, California, headquarters with a Jobs quote: “For us, design goes beyond just how something looks or feels. Design is also how it works.”