Will Apple's Slow Artificial Intelligence Rollout Help or Hurt the Stock?
Artificial intelligence (AI) is a huge opportunity for a device maker like Apple (NASDAQ: AAPL) to take advantage of. With more than 2.2 billion active Apple devices in the world, if the company can use AI to help create a new income stream for its operations, that can be a huge growth catalyst for the business, which is something Apple needs given its underwhelming growth in recent years.While the company has announced plans for Apple Intelligence to run on its phones and for that to potentially lead to more sales, it's been lagging behind its rivals. And Apple recently announced that it's going to be even longer than expected before it fully rolls out all of its AI features.Could this hurt the stock and weigh on its growth prospects, or can this actually end up benefiting investors in the long run?Continue reading
Artificial intelligence (AI) is a huge opportunity for a device maker like Apple (NASDAQ: AAPL) to take advantage of. With more than 2.2 billion active Apple devices in the world, if the company can use AI to help create a new income stream for its operations, that can be a huge growth catalyst for the business, which is something Apple needs given its underwhelming growth in recent years.
While the company has announced plans for Apple Intelligence to run on its phones and for that to potentially lead to more sales, it's been lagging behind its rivals. And Apple recently announced that it's going to be even longer than expected before it fully rolls out all of its AI features.
Could this hurt the stock and weigh on its growth prospects, or can this actually end up benefiting investors in the long run?
