With Apple closing over $258, Maxim sticks to its $215 target

"I'm not yet sold that there's going to be an upgrade cycle." — Analyst Tom Forte

22 Comments

Big-spending AI giants face diminishing returns. Did Apple duck a bullet?

11 months ago

Published December 20, 2024 by Philip Elmer-DeWitt

Big-spending AI giants face diminishing returns. Did Apple duck a bullet?

The tech industry is running into a problem many would have thought was unthinkable just a few years ago: They have used up most of the digital text available on the internet.

12 Comments

Apple is shopping for Chinese government-approved AI bride

11 months ago

Published December 19, 2024 by Philip Elmer-DeWitt

Apple is shopping for Chinese government-approved AI bride

A successful partner for Apple's AI services in China could be a major winner in the country's increasingly crowded AI field where dozens of large language models have been launched by large tech firms as well as startups.

3 Comments

What's Apple Intelligence? Most smartphone shoppers have barely a clue

11 months ago

Published December 18, 2024 by Philip Elmer-DeWitt

What's Apple Intelligence? Most smartphone shoppers have barely a clue

Based on a survey of carrier store representatives, 67% believe that iPhone users have low awareness of Apple Intelligence.

13 Comments

J. P. Morgan is bullish on Apple with or without AI

11 months ago

Published December 16, 2024 by Philip Elmer-DeWitt

J. P. Morgan is bullish on Apple with or without AI

"Earnings forecasts to look materially different without AI but see limited downside to volumes at the same time." — Analyst Samik Chatterjee

25 Comments

Apple mystifies CNBC traders (video)

11 months ago

Published December 13, 2024 by Philip Elmer-DeWitt

Apple mystifies CNBC traders (video)

"This year's rally is coming even as the tech giant's efforts in the A.I. space fail to impress. Users are poking fun at Apple Intelligence's sometimes bizarre capabilities... like making poop hair on a face." — Melissa Lee