Apple faces growth challenges amid AI-driven tech as revenue expansion stagnates and stock underperforms.
Apple, once a high-growth tech leader, now faces challenges as AI drives tech growth. Its revenue expansion is stagnating, and its stock underperforms the Nasdaq 100 by 16%. Apple executives plan big AI investments, but investors question if it can keep up with growth expectations. This shift could make Apple more like a value stock, similar to Coca-Cola.
March 16, 2024
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