Apple's Silence on AI Glasses and Deals: Strategic Genius or Warning Sign for Investors?
Is (NASDAQ: AAPL) an underdog? That might seem like a silly question to ask about a company with a market cap of roughly $3.3 trillion and sales that will almost certainly top $400 billion this year. However, many investors view Apple as an underdog in a critical arena: artificial intelligence (AI).
Rumors have floated recently, though, that Apple could be investing heavily in developing AI glasses and is considering a major AI-related acquisition. The company could probably nip investors' concerns if it played up either story. However, Apple's executives remain largely silent on its AI glasses strategy and any acquisition plans. Is that strategic genius on management's part or a warning sign for investors?
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Source Fool.com
Apple Inc. Stock
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With a target price of 237 € there is a slightly positive potential of 1.09% for Apple Inc. compared to the current price of 234.45 €.
