tl;dr
Apple (NASDAQ:AAPL) and OpenAI are in the final stages of discussions to bring the startup’s technology to the next iPhone as the Cupertino, California-based tech giant looks to add AI features to its devices, Bloomberg News reported, citing people familiar with the matter. According to the people, ...
Apple (NASDAQ:AAPL) and OpenAI are in the final stages of discussions to bring the startup’s technology to the next iPhone as the Cupertino, California-based tech giant looks to add AI features to its devices, Bloomberg News reported, citing people familiar with the matter. According to the people, Apple (AAPL) and Microsoft (NASDAQ:MSFT)-backed OpenAI are finalizing terms for a deal to integrate the latter’s ChatGPT features in Apple’s iOS 18, the next iPhone operating system. In March, Bloomberg News reported that Apple (AAPL) had started similar deliberations with Alphabet-(NASDAQ:GOOG)-(NASDAQ:GOOGL)-owned Google for licensing its AI model Gemini for the iPhone. Those discussions are ongoing, and the two parties have yet to reach an agreement. If an agreement with OpenAI is finalized, a popular chatbot will headline a new set of AI features that Apple (AAPL) is set to announce next month at its annual Worldwide Developers Conference. A near-term announcement of a potential between the two is not yet guaranteed. Apple (AAPL), OpenAI, and Google refused to comment.
More about Apple Inc
Apple Inc. Stock Analysis Apple Inc. Stock Analysis Summary
Apple Inc. is an American multinational technology company that specializes in consumer electronics, computer software, and online services. It is the world's largest technology company by revenue, totaling $274.5 billion in 2020 and, since January 2021, the world's most valuable company. As of 2021, Apple is the world's fourth-largest PC vendor by unit sales and the fourth-largest smartphone manufacturer. It is one of the Big Five American information technology companies, along with Amazon, Google, Microsoft, and Facebook.
Key Metrics
Sector: Technology
Subsector: Electronic Computers
Market Cap: $2.8069 trillion
PE Ratio: 28.47
EPS: 0.96
ROE: 6.43%
Debt-to-Equity: 24.54
Beta: 0.263
Revenue: $381.623 billion
Stock Price: $202.36
Change: 0.007
Change %: -0.043%
More about Microsoft Corporation
Microsoft Corporation is an American multinational technology company known for its production of computer software, consumer electronics, and personal computers. The company's flagship software products include the Microsoft Windows line of operating systems, the Microsoft Office suite, and the Internet Explorer and Edge web browsers. In terms of hardware, Microsoft is recognized for the Xbox video game consoles and the Microsoft Surface lineup of touchscreen personal computers.
Ranked No. 21 in the 2020 Fortune 500 rankings of the largest United States corporations by total revenue, Microsoft was the world's largest software maker by revenue as of 2016. It is considered one of the Big Five companies in the U.S. information technology industry, alongside Google, Apple, Amazon, and Facebook.
Industry: Technology
Sector: Services-Prepackaged Software
Market Cap: 3.082476061 trillion
Current Price: $35.97
Change: $2.93 (11.53%)
52-Week Range: $31.83 - $0.364
Shares Outstanding: 236583993000
Volume: 472.18
Dividend Yield: 0.2
PE Ratio: 0.17
More about Alphabet Inc Class C
Alphabet Inc Class C Summary Alphabet Inc Class C
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
SERVICES: COMPUTER PROGRAMMING, DATA PROCESSING, ETC.
Key Financials
Market Cap: $2.09 trillion
PE Ratio: 26.12
Dividend Yield: None
EPS: 6.52
52-Week High: $25.37
52-Week Low: $0.259
Revenue: $318.15 billion
Net Income: $184.5 billion
Debt to Equity: 0.609
Current Ratio: 0.154
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