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Apple launches AI-powered Logic Pro updates for iPad and Mac

EditorBrando Bricchi
Published 05/07/2024, 12:24 PM
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CUPERTINO, Calif. - Apple Inc (NASDAQ:AAPL). announced the release of the updated Logic Pro for iPad 2 and Logic Pro for Mac 11, set to enhance the music production experience with new artificial intelligence features. Starting May 13, both updates will be available on the App Store, introducing new tools for musicians such as Session Players, Stem Splitter, and ChromaGlow.

The latest version of Logic Pro expands upon the Drummer feature by adding a virtual Bass Player and Keyboard Player, creating a personalized AI-driven backing band. These Session Players are designed to respond to user input and adapt to various music styles, providing a dynamic support system for song creation. The Bass Player, developed with input from professional bassists, offers a range of styles and performance controls. It works in conjunction with a new Studio Bass plug-in that includes six new instruments modeled after popular bass tones. Similarly, the Keyboard Player, created with studio musicians, offers four styles and sophisticated chord voicing capabilities.

Stem Splitter, another innovative feature, allows artists to isolate and manipulate individual components of a mixed audio recording, such as vocals or drums. This tool is particularly useful for refining live recordings or demos that capture unique performances.

ChromaGlow, powered by AI and Apple's M-series silicon, emulates the sonic qualities of renowned studio hardware, offering users five saturation styles to enhance their tracks with warmth, presence, and punch.

The updates leverage the capabilities of iPad and Mac, especially when equipped with M-series Apple silicon, to deliver a robust music production environment. Logic Pro for iPad has been optimized for touch control, providing musicians with a portable studio setup. Additionally, project round-tripping between iPad and Mac ensures seamless workflow transitions.

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Logic Pro for Mac 11 will be available as a free update for current users or for purchase at $199.99 for new users, requiring macOS Ventura 13.5 or later. Logic Pro for iPad 2 offers a free update for existing users, with a subscription model priced at $4.99 per month or $49 per year for new users, including a one-month free trial. The iPad version requires iPadOS 17.4 or later.

The announcement emphasizes Apple's commitment to providing creative professionals with advanced tools for music production. This release is based on a press release statement from Apple.

InvestingPro Insights

Apple Inc.'s announcement of the updated Logic Pro for iPad and Mac showcases its continuous innovation in providing advanced tools for the creative industry. The company's financial health and market performance can offer additional insights into its ability to sustain such technological advancements.

InvestingPro Data shows that Apple has a robust market capitalization of $2.8 trillion, reflecting its immense size and influence in the market. Its Price/Earnings (P/E) ratio stands at 28.47, which, although indicative of a high valuation relative to current earnings, can also be a sign of investor confidence in its future growth prospects. The slight negative revenue growth of -0.9% over the last twelve months as of Q2 2024 suggests a challenging environment, yet Apple's substantial gross profit margin of 45.59% during the same period demonstrates its ability to maintain profitability.

In line with Apple's financial strategy, one of the InvestingPro Tips highlights that management has been aggressively buying back shares, which can be a signal of the company's belief in its own undervaluation and a positive indicator for investors. Additionally, Apple has not only raised its dividend for 12 consecutive years but also maintained dividend payments for 13 consecutive years, illustrating its commitment to returning value to shareholders.

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For those interested in gaining deeper insights into Apple's financial performance and market position, InvestingPro offers additional tips. There are 15 more InvestingPro Tips available for Apple, which can be accessed at https://www.investing.com/pro/AAPL. These tips provide a more comprehensive understanding of Apple's strategic moves, valuation metrics, and industry standing.

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This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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