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Apple Investors Are Tired of AI Promises, Want Tangible Progress

Apple Investors Are Tired of AI Promises, Want Tangible Progress
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Investing Apple Investors Are Tired of AI Promises, Want Tangible Progress Apple Inc. investors are losing patience with the company’s talk about becoming a more formidable presence in artificial intelligence and want to start seeing some results. “There’s a bit of fatigue with Apple and AI,” said Tim Chubb, chief investment officer at Girard, a Univest Wealth Division, which owns the stock in an underweight position.

Investing Apple Investors Are Tired of AI Promises, Want Tangible Progress Apple Inc. investors are losing patience with the company’s talk about becoming a more formidable presence in artificial intelligence and want to start seeing some results. “There’s a bit of fatigue with Apple and AI,” said Tim Chubb, chief investment officer at Girard, a Univest Wealth Division, which owns the stock in an underweight position. “It’s hard to extend them the same benefit of the doubt we used to since there have been so many delays.”
Apple Investors Are Tired of AI Promises (ORG) Want Tangible Progress (ORG) Want Tangible Progress Apple Inc. (ORG) Apple (ORG) AI (ORG) Tim Chubb (PERSON) Girard (ORG) Univest Wealth Division (ORG)
Originally published by Bloomberg Technology Read original →