Apple: Late To The AI Party, Wait And See But Never Count It Out
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James Hires199 FollowersFollow5ShareSavePlay(15min)CommentsSummaryApple is a hold as it lags peers in AI but boasts robust financials and strong customer loyalty.AAPL’s lean AI strategy, avoiding heavy data center investments, positions it to benefit if the AI bubble bursts.Recent AI leadership changes and a privacy-focused approach could enable AAPL to avoid competitors’ legal pitfalls.Despite high valuation, AAPL is nearly a buy—progress on AI and a lower P/E would tip the balance.photodeedooo/iStock via Getty Images This company needs no introduction. Apple (AAPL) is the original Silicon Valley company. It turns 50 next year and in its half-century of operation it has almost always been on the cutting edge of personal computing. AppleThis article was written byJames Hires199 FollowersFollowI’m just one man with a Robinhood account, a laptop, and six years experience as a financial analyst, journalist, and writer, looking to demystify the stock market for the everyday investor. I like a good value and favor a conservative steady-growth portfolio strategy. My interests are primarily the energy, tech, and industrial sectors but I will write about anything that strikes my fancy. Follow me on X for updates and my other writing projects.I'm currently between jobs and looking for a full-time position. If you like my analysis and think your company could use someone like me, please reach out over LinkedIn. Thanks! FINRA SIE Certification, pursuing a Series 7.Analyst’s Disclosure:I/we have a beneficial long position in the shares of GOOG either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.Recommended For You