blastdoor

paulmacintosh said:

Right now, AI is a gimmick. Until it’s actually useful, it won’t make much impact.

AI is tremendously useful right now. If it never improved beyond this point it would still be revolutionary. Unless by AI you mean Apple intelligence…

Mike Wuerthele said:

blastdoor said:

Mike Wuerthele said:

blastdoor said:

This earnings report in NO WAY proves that people worried about Apple's ability to capitalize on AI are wrong. 

The concerns about AI are not about earnings next quarter or even next year. It's about 18 months and further out. 

One thing I'm very confident of -- Apple leadership is not as myopic as the fanboy base. They've known for a while now that they've got a problem, they just haven't solved it yet. One way or another, I'm pretty confident the problem will be solved. But it won't be solved by pretending it doesn't exist. 

This report absolutely proves that the analysts who cried about this quarter because of Apple Intelligence were wrong.

Apple will do what it very nearly always does, which is what the analysts in question always, always fail to see -- Iterate until they have something that they like. No visibility as to what Apple is doing does not mean that Apple is not working on it. 

At this point in the AI lack of maturity, not having a product that really utilizes generative AI is not really an issue. If Apple doesn't do anything in a year or two, then maybe it's an issue.

Who were the analysts who expressed concerns about apples performance in the most recent quarter due to AI?

As briefly addressed in the piece, Wedbush's Dan Ives said Apple had to announce what the specific plan was at WWDC, or the quarter would be terribly bad. Just about everybody complained across the quarter minus Morgan Stanley that without improved Siri, there was no reason to buy an iPhone 16 at all.

Turns out, that's not what happened.

Can you provide a link substantiating that claim? I can’t find anything saying that Webusch predicted a bad quarter due to AI issues.

This earnings report in NO WAY proves that people worried about Apple's ability to capitalize on AI are wrong. 

The concerns about AI are not about earnings next quarter or even next year. It's about 18 months and further out. 

One thing I'm very confident of -- Apple leadership is not as myopic as the fanboy base. They've known for a while now that they've got a problem, they just haven't solved it yet. One way or another, I'm pretty confident the problem will be solved. But it won't be solved by pretending it doesn't exist. 

From what I’ve read of perplexity, their strength is more about integrating different technologies into a coherent product than about developing their own core technologies (though they have some).

it’s the integration of technologies into a compelling product that once defined Apple. If buying perplexity can get that competency back into the company then it might make sense. 

I read that in The Apprentice, they would just cobble together clips of film to support whatever capricious decision Trump made, all in order to make him look smart and decisive.