Apple's Refusal To Join The AI CapEx Arms Race Is Actually Its Smartest Move, Argues One Analyst As Mag 7 Rivals Burn Billions
… Critically, the Evercore analyst notes: "Apple may be able to benefit from AI without requiring the massive capital spending seen at hyperscalers." If you compare Apple's upcoming suite of AI features within the iOS 27 update with Google's vision of Gemini Intelligence recently highlighted at its A… …