Apple (AAPL -0.08%) is a technology leader, but the company is rarely a first mover. Instead, it sees how a market is unfolding and introduces products that leverage commodity technologies with a great user experience to take a lead.

In this video, Travis Hoium covers how Apple may seem to be falling behind in artificial intelligence but is actually well positioned to dominate over the long term.

*Stock prices used were end-of-day prices of Nov. 25, 2023. The video was published on Nov. 26, 2023.