Apple Inc. (NASDAQ:AAPL) kicks off its Worldwide Developers Conference today at 1 p.m. ET, in what will be CEO Tim Cook’s final keynote before John Ternus takes over.

WWDC is Apple’s annual developer event, where the company unveils its new operating systems and software roadmap. Two years of broken Siri promises hang over today’s stage.

Kalshi has a market for what words will be spoken at the event.

What Kalshi Predicts Tim Cook Will Say

“Siri” sits at 85%. Apple unveiled a personalized, AI-powered Siri at WWDC 2024 and has still not shipped it, settling a $250 million class action last month with payouts of $25 to $95 per eligible iPhone.

Recent leaks suggest the new Siri arrives as a standalone app with a text box and paperclip icon for attachments, a direct visual challenge to the ChatGPT app.

“iOS 27” is at 78%. Apple partnered with Alphabet Inc. (NASDAQ:GOOGL) in January to license Google’s Gemini for Siri, which Goldman Sachs expects to launch alongside the iPhone 18 in September.

“Ternus” sits at 56%. John Ternus has not yet been formally introduced as Cook’s successor on stage, so a name-check today would mark the first public handoff.

“Privacy” is a coin flip at 51%. Cook’s likely shield is Private Cloud Compute, Apple’s infrastructure that runs Gemini inference on Apple’s own servers rather than Google’s, stripping data before any query reaches a rival.

What Kalshi Predicts Tim Cook Will Skip

“Hardware” sits at just 35%, low for a company built on devices. Mark Gurman has reported the M5 Mac Studio refresh and a low-cost iPad are both delayed, and Apple’s N50 smart glasses were pushed to late 2027 because the visual Siri features they depend on are not ready.

“Gemini” is at 11%, low considering the partnership powers Siri. Apple may bury the Google branding the way it rarely says ChatGPT out loud.

“OpenAI/ChatGPT” at 10% and “Anthropic/Claude” at 9% suggest Apple’s reported plan to keep multiple AI providers in play will stay off the main stage.

“China” is at 13%. Traders expect Cook to avoid Apple’s most exposed market, where iPhone sales are sliding and Trump tariffs remain unresolved.

“Nvidia” sits at 4%. Apple has avoided Nvidia in its supply chain since the early 2010s and reportedly trains its AI models on Google TPUs instead, so any stage mention would mark a real shift.

Reading The Board

Traders expect Cook to sell the AI reset hard while saying as little as possible about the hardware backlog he is leaving Ternus to clean up.

Apple stock trades near $307, up 53% over the past year. Wedbush’s Dan Ives sees a $15 billion services revenue boost if the Siri reset lands. The guide on Apple’s AI timeline may matter more than the stage demos.

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