AAPL - 1 Warren Buffett Artificial Intelligence (AI) Stock I'm Monitoring Closely and Why You Should Too
2024-06-27 06:45:00 ET
Apple (NASDAQ: AAPL) is one of the most fascinating businesses ever built. The company revolutionized the way people work, consume, and communicate and has done so by building some of the most sought-after electronic devices in the world. It's no surprise that Warren Buffett, who generally does not dabble in the tech sector, owns Apple stock. In fact, it's the largest position in his portfolio.
One of the things that makes Apple so unique is the company keeps a close hold on its product line. It's rare that any of Apple's internal initiatives leak to the public. Rather, the company has a reputation of publicly showcasing new products or services during high-profile conferences -- surprising investors when they least expect it.
Over the last 18 months or so, the technology world has become completely enamored by artificial intelligence (AI). While many big tech companies made headline-grabbing investments and partnerships, Apple remained quiet.
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1 Warren Buffett Artificial Intelligence (AI) Stock I'm Monitoring Closely, and Why You Should, Too