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Tech YES? Or Tech NO? What To Do In Wake Of Earnings [Forbes]
Last apple inc. earnings: 4/30 04:30 pm
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US:NASDAQ Investor Relations: investor.apple.com
Now, see what MoneyShow expert contributors think about the group and where it's headed NEXT. Apple Inc. (AAPL) is down more than 13% this year due mostly to demand concerns in China, which are widely known. What is not yet in the stock, but will be soon, is how far along Apple is in integrating AI into its devices. I expect major announcements on AAPL's progress with generative Artificial Intelligence at the Worldwide Developers Conference in June, followed by an AI-based iPhone 16 announcement in September. Apple Bloomberg reported that Apple will focus the next version of its M-family of processors, the M4, on artificial intelligence to boost Mac sales. The M4 is already nearing production and will eventually be put into every Mac, with announcements to come as soon as this year. Apple will give new iMacs, MacBook Pro, and Mac Minis the new chips. Market research firm IDC said Apple shipped 4.8 million Macs during the March quarter, up 14.6% year-over-year. It held 8.1% o
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