Oh it's definitely out [LOL]
Apple’s AI Lifeline: Don’t Panic. AAPL Stock Is Down, but Not Out
Apple is going through a difficult time this year and its stock is underperforming.However, the problems Apple faces are not unique to it and they are short term in nature.A new potential partnership with Alphabet to add AI to future editions of the iPhone could get the company back on track.News of the antitrust case sent Apple’s stock down 4% in a single trading session, wiping $113 billion from the company’s market value. While things look grim, there’s still reason to keep AAPL stock as a core portfolio holding.The antitrust lawsuit accuses Apple of having an illegal monopoly in the smartphone market and using predatory practices to retain its dominant position.The latest antitrust case seeks to dismantle the way Apple’s hardware and software work together on the company’s electronic devices that include the iPhone, iPad, and Apple Watch.In China, Apple faces a major competitive threat from Chinese technology leader Huawei, whose Mate 60 smartphone has become a big hit with consum
Apple’s AI Lifeline: Don’t Panic. AAPL Stock Is Down, but Not OutDisclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.