Mahoney Asset Management CEO Ken Mahoney joins Catalysts to give insight into Apple and what investors need to keep in mind from Apple's announcement in terms of its stock performance moving forward.
I'm curious what was missing from the announcement that would have made you a little bit more enthusiastic because in reading your note, I feel like I can summarize it as just a big shrug to the news.There's a couple of shekels here, you have a huge upgrade cycle that's gonna come out of this.But as far as the technology again, II I just rely on a lot of other technology research.Hope Siri does a little bit more like, like Siri on steroids with its new uh A I model and so forth.
The biggest thing is they have all these customers and they want Apple to take the lead and I'm not sure necessarily Apple is taking a total, uh, leap of faith into this. There's new features and new ways and new apps all around A I and Ken, we spoke with Gil Laia from D A Davidson earlier this morning.I mean, this is pretty much drawn up by the CEO of NVIDIA who said by the way, we're in the second or third inning of this cycle.You know, they're the big, they have 2.2 billion devices out there.
But again, um I, I would think there's an opt in uh you opt into this uh A I platform or A I cha et whatever and it tells you here's disclaimers.So I don't think Apple is just gonna just take your data data and feed it over there.They have all this data.We heard from Musk in the last 24 hours, but I do think Apple will find ways to safeguard um their users.
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