Reported 3 months ago
Apple Inc. (AAPL) is under scrutiny as it faces emerging competitive threats, particularly from OpenAI, which recently acquired an AI device startup co-founded by Apple veteran Jony Ive. Despite concerns over its Services segment and gross margins, analysts maintain a consensus 'Buy' rating on Apple, with varied price targets reflecting potential growth. The evolving dynamics of AI are positioning OpenAI as a significant rival, marking a pivotal shift in the competitive landscape for Apple and similar tech giants.
Source: YAHOO