Twitter

Link your Twitter Account to Market Wire News


When you linking your Twitter Account Market Wire News Trending Stocks news and your Portfolio Stocks News will automatically tweet from your Twitter account.


Be alerted of any news about your stocks and see what other stocks are trending.



home / articles / TECH - Apple Has To Transition To Becoming A 'Hardware-AI-Cloud Company' — Mark Gurman Envisions A Future Where iPhones Give Way To Robots | Benzinga


TECH - Apple Has To Transition To Becoming A 'Hardware-AI-Cloud Company' — Mark Gurman Envisions A Future Where iPhones Give Way To Robots | Benzinga

Apple Inc.’s (NASDAQ:AAPL) expansion into artificial intelligence will extend beyond software, facilitating the development of next-generation devices.

What Happened: In his latest installment of the weekly “Power On” newsletter, Bloomberg columnist, Mark Gurman, stated that historically, Apple's devices have adhered to a consistent formula: they boast top-tier hardware and software, complemented by services such as the App Store and iCloud.

However, in the age of AI, that strategy will no longer suffice. Moreover, updating software just once a year won’t be quick enough to stay competitive with rivals. “But it will take time for Apple to evolve,” Gurman said.

See Also: Taiwan Semi Rides AI Wave, Reports $7.1B Revenue In May

He went on to say that the latest AI-centric hardware products, such as the Humane Ai Pin and Rabbit R1, have largely been unsuccessful so far. However, it appears that the technology industry is ...

Full story available on Benzinga.com

Stock Information

Company Name: Bio-Techne Corp
Stock Symbol: TECH
Market: NASDAQ
Website: bio-techne.com

Menu

TECH TECH Quote TECH Short TECH News TECH Articles TECH Message Board
Get TECH Alerts

News, Short Squeeze, Breakout and More Instantly...