NatalieLopez

 27 Apr 24

tl;dr

Apple (NASDAQ:AAPL) and OpenAI have resumed discussions on integrating the startup's generative AI capabilities into the next iPhone model, expected later this year, Bloomberg News reported, citing people familiar with the matter. The latest discussions have also centered around terms of a possible ...

Apple (NASDAQ:AAPL) and OpenAI have resumed discussions on integrating the startup's generative AI capabilities into the next iPhone model, expected later this year, Bloomberg News reported, citing people familiar with the matter. The latest discussions have also centered around terms of a possible agreement between the two, according to the people who chose not to be identified as the talks remained private. The discussions mark a renewed attempt by the tech giant to add OpenAI features to Apple's iOS 18, the next iPhone operating system. The company started discussions with Microsoft (NASDAQ:MSFT)-backed OpenAI about a potential deal early this year, following similar deliberations with Google-parent Alphabet (GOOG) (GOOGL) to use the latter's AI model Gemini into the iPhone. Apple (AAPL) has yet to finalize a partnership, and the company might opt to reach an agreement with both firms or prefer one over another. Apple (AAPL), OpenAI, and Google were not available for requests for comments.

More about Apple Inc
Apple Inc. Technical Analysis Summary

Apple Inc. (AAPL) Technical Analysis Summary

Apple Inc. is a prominent American multinational technology company known for its consumer electronics, computer software, and online services. It holds the distinction of being the world's largest technology company by revenue, reaching $274.5 billion in 2020. Since January 2021, it has also claimed the title of the world's most valuable company. As of 2021, Apple stands as the world's fourth-largest PC vendor by unit sales and the fourth-largest smartphone manufacturer. Furthermore, it is a key member of the Big Five American information technology companies, alongside Amazon, Google, Microsoft, and Facebook.

Key Technical Data

Sector: Technology

Industry: Electronic Computers

Market Cap: $2.614 trillion

Current Price: $26.33

Price Change: $0.95

Percentage Change: 6.43%

52-Week Range: $24.65 - $199.15

Volume: 385,706,000

Beta (5Y Monthly): 0.262

EPS: $0.16

PE Ratio: 0.021

More about Microsoft Corporation

Company: Microsoft Corporation

Industry: Technology, Services-Prepackaged Software

Market Cap: 301.99 billion

Current Price: $35.21

Change: 0.68 ( 1.96%)

PE Ratio: 11.54

52 Week High: $31.83

52 Week Low: $0.364

Volume: 236,583,993

Average Volume: 462.44

Dividend Yield: 0.2

Beta: 0.17

More about Alphabet Inc Class C
Alphabet Inc Class C Stock Analysis

Alphabet Inc Class C Stock Analysis

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.

Key Financials

Sector: Technology

Services: Computer Programming, Data Processing, etc.

Market Cap: 2.147 billion

Dividend Yield: 2.95%

Price/Earnings Ratio: 5.8

EPS: 25.37

Beta: 0.259

Shares Outstanding: 318,145,987,000

Current Stock Price: $165.29

Change: 0.61

Change %: 0.154

More about Alphabet Inc Class A
Alphabet Inc Class A Summary

Alphabet Inc Class A

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.

Key Information

Sector: TECHNOLOGY

Services: SERVICES-COMPUTER PROGRAMMING, DATA PROCESSING, ETC.

Market Cap: 2,147,724,165,000

P/E Ratio: 29.7

Dividend Yield: None

Beta: 5.79

EPS: 25.37

Volatility: 0.259

Revenue: 318,145,987,000

Net Income: 166.71

Return on Equity: 0.61

Debt/Equity: 0.154

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Disclaimer

The opinions expressed by the writers at Grow My Bag are their own and do not reflect the official stance of Grow My Bag. The content provided on our site is not intended as investment advice, and Grow My Bag is not an investment advisor. We do not endorse buying or selling any cryptocurrencies or digital assets mentioned in our articles. High-risk investments in Bitcoin, cryptocurrencies, and digital assets require thorough due diligence, and all transfers and trades made are at your own risk. Grow My Bag is not responsible for any potential losses and participates in affiliate marketing.
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