Reported 1 day ago
Apple recently reported a record revenue of $94 billion for its fiscal third quarter, driven by successful iPhone sales amid a slight decline in some other product categories. The company plans to significantly increase its investment in artificial intelligence, with a focus on integrating this technology into its devices, marking a shift in strategy compared to competitors like Alphabet and Microsoft. This renewed commitment, along with a lower stock price relative to its earnings, could present a favorable entry point for investors.
Source: YAHOO