tl;dr
Apple (NASDAQ:AAPL) has been heavily involved in the development of artificial intelligence (AI), making various moves in this space. However, the company has not yet announced any new AI products. Analysts at Bernstein Société Générale anticipate that Apple will unveil most AI features with the lau...
Apple (NASDAQ:AAPL) has been heavily involved in the development of artificial intelligence (AI), making various moves in this space. However, the company has not yet announced any new AI products. Analysts at Bernstein Société Générale anticipate that Apple will unveil most AI features with the launch of the iPhone 16 in September, rather than at the Worldwide Developers Conference (WWDC) in June. They expect AI features such as a multi-modal Siri and an AI wellness coach, and speculate that the new iPhone could offer AI features similar to those of competitors like the Pixel 8 and Galaxy 24. Bernstein also highlights Apple's development of its own LLM (Language Model) called Ajax, as well as the company's discussions with potential partners such as Google, OpenAI, and Baidu regarding the use of external LLM. The analysts point to three potential avenues for Apple to monetize AI, including AI-enabled capabilities on its iPhone, AI search through advertising, and charging a take rate on AI apps. Bernstein rates Apple at Market-Perform with a price target of $195, while Apple has seen a 13% decline year to date. Seeking Alpha analysts rate Apple as Hold, whereas Wall Street Analysts rate it as Buy. Seeking Alpha's Quant system, known for outperforming the market, also rates it as Hold.
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Apple Inc. Summary More about Alphabet Inc Class C
Alphabet Inc Class C Summary Alphabet Inc Class C Summary
Alphabet Inc. is an American multinational conglomerate headquartered in Mountain View, California. It was created through a restructuring of Google on October 2, 2015, and became the parent company of Google and several former Google subsidiaries. The two co-founders of Google remained as controlling shareholders, board members, and employees at Alphabet. Alphabet is the world's fourth-largest technology company by revenue and one of the world's most valuable companies.
Sector: TECHNOLOGY
Industry: SERVICES-COMPUTER PROGRAMMING, DATA PROCESSING, ETC.
Market Cap: $1,928,721,596,000
P/E Ratio: 26.9
Dividend Yield: None
Beta: 0.58
EPS: $24.34
Vol Avg (3m): 307,393,987,000
52-Week Change: 163.84
52-Week High: $0.56
52-Week Low: $0.135
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Alphabet Inc. (GOOGL) Summary:
Alphabet Inc. is an American multinational conglomerate headquartered in Mountain View, California. It was created through a restructuring of Google on October 2, 2015, and became the parent company of Google and several former Google subsidiaries. The two co-founders of Google remained as controlling shareholders, board members, and employees at Alphabet. Alphabet is the world's fourth-largest technology company by revenue and one of the world's most valuable companies.
Sector: Technology
Industry: Services-Computer Programming, Data Processing, etc.
Market Cap: $1,928,733,786,000
PE Ratio: 26.57
Dividend Yield: None
EPS: 5.81
52-Week High: $2,434
52-Week Low: $1,747.24
Volatility: 0.24
Average Volume: 307,393,987
Stock Price: $1,647.4
Change: 0.56
Change %: 0.135
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