A potential deal between Apple Inc and AI startup Perplexity would mark a strategic shift for the iPhone maker, but analysts at Jefferies said the benefits are unclear and the move could be interpreted as a defensive response to rising regulatory pressure on its long-standing relationship with Google. Apple Inc (NASDAQ:AAPL, ETR:APC) is reportedly weighing either a partnership or full acquisiti...
The three stocks in this analysis, Apple, Google (Alphabet), and Microsoft are a bit mixed at the moment, as we look to continue the overall momentum, or lack of in some cases, going forward. However, none of them look particularly threatened.
Apple (AAPL 0.58%) was the defining stock of the late 2010s and into the early 2020s, but time is up for its leadership position. Although it's still the third-largest company in the world, Microsoft and Nvidia have overtaken Apple, likely for good, as the growth these two are putting up far surpasses Apple's.
Apple is reportedly set to propose making it easier for third-party developers to send customers outside of its App Store to make software purchases in order to avoid additional penalties being imposed by European Union regulators. [contact-form-7] The company's proposal is due Thursday (June 26), Bloomberg reported Wednesday (June 25).
Apple Inc.'s AI efforts have underwhelming, leading to underperformance and raising concerns about its ability to innovate. Acquisitions like Perplexity AI won't solve the problem, as Apple lacks the culture and expertise that's needed to compete at the leading edge of AI. Apple should focus on leveraging its hardware strengths and building better partnerships with third-party AI leaders, rathe...
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