Sentiment Around Apple’s Position In AI Has Changed, Says Analyst, With Company “Less Exposed To Capex Intensity,” Than Its Rivals, Giving It A Monetization Edge

Google, Microsoft, Meta, OpenAI, and others had aggressively invested in infrastructure that was deemed necessary to carry the wave of artificial intelligence. During the same period, Apple was believed to have taken a backseat, with its stance met with incessant criticism by analysts and investors,