Apple Has a Trump Card in Artificial Intelligence

By Travis Hoium – Nov 29, 2023 at 7:30AM

NASDAQ: AAPL

Apple

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$2,911B

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Apple isn't the leader in AI today, but it will play a critical role in the technology's future.

Apple (AAPL 0.02%) 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.

John Mackey, former CEO of Whole Foods Market, an Amazon subsidiary, is a member of The Motley Fool's board of directors. Randi Zuckerberg, a former director of market development and spokeswoman for Facebook and sister to Meta Platforms CEO Mark Zuckerberg, is a member of The Motley Fool's board of directors. Travis Hoium has positions in Apple. The Motley Fool has positions in and recommends Amazon, Apple, Meta Platforms, Microsoft, and Nvidia. The Motley Fool has a disclosure policy. Travis Hoium is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through their link they will earn some extra money that supports their channel. Their opinions remain their own and are unaffected by The Motley Fool.