Apple's new"Apple Intelligence" integration announced at WWDC 2024 marks its significant entry into the AI space.
Musk's primary concern centers on user data potentially being transferred to a third-party AI system operated by OpenAI. Apple, however, has pledged to prioritize user privacy and insists that no user data will be stored by OpenAI. For less than $9 a month, you'll receive a monthly update featuring our AI's curated selection of stocks primed for significant upsideCan Apple Reignite Growth With AI?
However, Apple's plan to leverage OpenAI's GPT-4o technology for a personalized user experience, offered at no additional cost, could be a game-changer. This feature has the potential to significantly alter how users interact with their devices. The overall outlook for Apple, via InvestingPro, is that the company will remain profitable this year, and its strong long-term financial structure and 13 years of continuous dividend payments are among the most attractive features for investors.While AAPL's low volatility also reassures investors, the data, combined with criteria such as the fact that the stock is in the overbought zone and the valuation ratios remain high, warns of a possible correction.
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