Apple's $20 Billion Artificial Intelligence Problem
's (NASDAQ: AAPL) new artificial intelligence tools have caused a pop in the stock, but will they be good for the business? More device sales would be bullish, but if AI replaces searches that generate $20 billion in annual revenue from Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL), it would be bad for Apple's bottom line.
*Stock prices used were end-of-day prices of June 14, 2024. The video was published on June 16, 2024.
Source Fool.com
Apple Inc. Aktie
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