Prediction: Apple Will Be a Long-Term AI Winner. 3 Reasons Why.
Once critical about the company's slow AI push, investors have bid shares 22% higher in 2026.
Overview
The hyperscalers, which are historically dominant technology enterprises, are planning to spend hundreds of billions of dollars this year to expand their computing infrastructure amid the ongoing artificial intelligence (AI) craze. Apple (NASDAQ: AAPL) is watching from the sidelines.
The market was critical of the Cupertino company's conservative approach. But with its share price up 22% in 2026 (as of July 21), the investment community is clearly rewarding the business. This perspective might prove to be right.
Details
I predict that Apple will be a long-term AI winner. It comes down to the company's distribution advantage, superior user experience, and robust free cash flow (FCF).
Source
Originally published at www.fool.com.