AAPL People are missing the big picture on Apple. There is a persistent belief that Apple needs to deploy software based AI when in reality they are a hardware company. Based on the current landscape, the major chip designers are Intel, AMD, Apple, and Nvidia. Currently Nvidia is uncontested in the AI hardware space which is almost certainly going to be challenged by Apple. Remember, when you are buying Apple you are buying Nvidia's competitor. This will very likely be the subject of the next super cycle for the stock as apple begins to roll out B2B serverside AI hardware.
AAPL here’s the logic behind this: I don’t care if apple makes any new product. Even if they stop all product lines and just keep the iPhones, and if they sell it good like how it’s shown on their ER, I keep their shares
AAPL sell off day as Friday
