Apple's Ambitious AI Strategy Faces Market Challenges

Reported about 2 months ago

Apple's AI initiative, termed 'Apple Intelligence', is driving significant advancements but comes with inherent risks as it navigates the competitive tech landscape. MoffettNathanson rates Apple as Neutral with a price target of $211, cautioning that capitalizing on new hardware and subscription services simultaneously is challenging. Analysts also point to external pressures, such as Google's antitrust issues, that may impact Apple's performance moving forward.

Source: YAHOO

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