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Apple's AI Strategy Is Pivoting. Here's Why That Could Be Great News for the Stock. [Globe and Mail, The (Toronto, Canada)]
Last apple inc. earnings: 4/30 04:30 pm
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US:NASDAQ Investor Relations: investor.apple.com
The reversed decision is an indirect acknowledgment that Apple's in-house AI offerings weren't going to be strong enough to compete soon enough. Although not a reason in and of itself to buy or own Apple stock, the move bolsters the bullish argument. How does the saying go? If you can't beat 'em, join 'em? After struggling for over a year to develop its own artificial intelligence (AI) assistant to truly compete with leading platforms like ChatGPT, Google's Gemini, and Anthropic, that's exactly what Apple (NASDAQ: AAPL) seems to be doing. According to well-circulated reporting from Bloomberg 's Mark Gurman, citing "people with knowledge of the matter," the upcoming release of iOS 27 is expected to readily accommodate these rivals to Apple's own Siri, and even be used to power Apple's onboard AI assistant Siri itself. Will AI create the world's first trillionaire? Our team just released a report on the one little-known company, called an "Indispensable Monopoly" providing the
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