Reported about 9 hours ago
In a recent analysis, Maxim Group's Tom Forte discusses Apple's earnings and its position in the AI market. He highlights that Apple's timing mismatches in hardware and software rollouts have affected iPhone sales, noting skepticism about an imminent AI-driven upgrade cycle. However, he points out that Apple's unique hybrid capital expenditure model allows the company to reduce risks associated with heavy spending in AI compared to competitors like Meta and Microsoft.
Source: YAHOO