have gained the seal of approval from an investment firm, which says the iPhone maker’s privacy-focused Apple Intelligence platform could help it to gain marketshare.
Biden Vs. Trump 2024 Election Polls: Trump Leads By 6 Points—And Most Voters Think He’ll Win Debate, New Survey FindsBolivian General Arrested After Breaching Presidential Palace In Alleged Coup Attempt—Here’s What To Know,” effectively giving Apple Intelligence its seal of approval. Other research analysts concur—Bank of America restated a buy rating and issued a $230.00 price objective on Apple shares in a research note on June 12, according to Marketbeat.
They noted that Apple’s spending was not increasing at the level of rivals such as Google, Amazon, Meta and Microsoft. “So Apple can have its cake and eat it too, by using integration via Private Cloud Compute with third parties to offer the benefits of these companies' massive investments,” the analysts said.This latest news will be a boon to the iPhone maker, which has long differentiated itself with its privacy focus.
by rivals, with the iPhone maker allowing users to have as much privacy as possible when using the technology. Even when AI features are more resource heavy, Apple claims its PCC offers the ability to process data in a uniquely secure and private way, in a private cloud environment.