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Apple's AI white whale will drag on earnings & can't be fixed internally, says Wedbush | Wedbush analysts believe Apple's internal AI development is a failure and Tim Cook should instead strongly consider paying big bucks to acquire Perplexity.
Wedbush analysts believe Apple's internal AI development is a failure and Tim Cook should instead strongly consider paying big bucks to acquire Perplexity.
Wall Street is expecting good main numbers from Apple for the quarter, with a bit of buoyancy derived from Chinese revenue improvements, a note to investors seen by AppleInsider explains. CEO Tim Cook is expected to be asked for commentary on the upcoming quarter, though he typically won't comment on future product and service launches as per company policy. Insisting that the time for this style of working has passed, Wedbush calls for Apple to bite the bullet and make the "no brainer" deal to buy Perplexity and its AI platform.
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