June 22, 2024

How to Play Apple’s Big AI Reveal Tomorrow


Where is Apple (AAPL) within the AI Race?

As I like to say, they’re the $3 trillion elephant NOT within the room, if you’ll, when it comes to the AI Race. 

Amazon (AMZN), Microsoft (MSFT), Alphabet (GOOGL) and Nvidia (NVDA). They’re all “all-in” with AI. And their shares are hovering because of this. But Apple has been noticeably quiet about its AI investments and developments. And their inventory is struggling because of this. 

Once upon a time – again in 2018 when Apple was the world’s solely trillion-dollar tech firm – Apple was value practically 7X as a lot as Nvidia. Just yesterday, although, Nvidia turned extra worthwhile than Apple. 

So… I ask once more… the place is Apple within the AI Race?

They’re about to present up in an enormous means on Monday, June 10th, at 1pm Eastern, in Apple’s annual Worldwide Developer Conference

The Event to Watch

You see – yearly, Apple hosts the Worldwide Developer Conference (or WWDC, for brief) through which the corporate offers main software program updates to Apple prospects and even launches new services. 

They’ve been doing this ever since 1983. It is a must-watch occasion for anybody taken with Apple’s subsequent greatest services. 

Back in 2006, for instance, Apple used the WWDC to launch the Mac Pro. At the 2008 WWDC, they launched the App Store. Just final 12 months, on the 2023 WWDC, they launched the Vision Pro. 

And this 12 months, on the 2024 WWDC – which is ready for tomorrow, Monday, June 10th, at 1pm Eastern – I predict they’re going to unveil their long-overdue, highly-anticipated blueprint for the AI race. 

I think it is going to be a huge moment – a moment that potentially turns the whole AI industry on its head. 

If you assume Apple is asleep on the wheel on AI… assume once more. 

If you assume that with all the cash, expertise, and expertise they’ve, Apple doesn’t acknowledge the generational alternative that’s AI… assume once more. 

They acknowledge it.

Something to Remember

But right here’s the factor about Apple. Or, slightly, listed here are the 2 large issues about Apple:

  1. They don’t like to be first. 
  2. When they do one thing, they do it large and so they do it proper. 

Just take into consideration the iPhone. 

It wasn’t the primary smartphone to market. That was the Blackberry. The first actual Blackberry got here out in 2002. The first iPhone wasn’t launched till 2007, a full 5 years later. 

Apple wasn’t first to the smartphone market. 

But they had been one of the best. 

And that’s the second factor about Apple. They don’t arrive first to a technological megatrend, however after they do arrive, they arrive with a bang.

Apple is about to arrive on the AI get together with a bang. 

Amazon. Microsoft. Alphabet. Nvidia. They’re all dancing the evening away within the AI get together proper now. But come June 10th, at 1pm Eastern, Apple goes to present up to the get together. When they do, everybody goes to cease dancing and switch their heads in direction of Apple’s arrival. 

That’s what June 10th is shaping up to be – Apple’s head-turning moment in the AI Race

I feel what they announce on June 10th will revolutionize the AI business, and I additionally assume that it may very well be an enormous money-making alternative should you place your self accurately. 

The Final Word

Given Apple’s historical past, I don’t assume they’re going to assault the AI Boom all by themselves. They’re seemingly going to accomplice with different companies to assist create one of the best AI services. The key to making a bunch of cash from Apple’s AI plan, then, is to spend money on their AI companions. 

I feel I’ve discovered one tiny firm particularly that may very well be an enormous Apple AI accomplice.

It’s all simply hypothesis, however I feel the dots right here join in a fashion which suggests one tiny, largely-unknown firm might change into a serious a part of Apple’s AI plan. 

If they do – and if that’s introduced tomorrow – then this tiny inventory might soar within the coming months. 

Needless to say, it is a inventory you want to hear about proper now. Because if it they don’t win an Apple AI partnership, I nonetheless assume they’ve big upside as an explosive AI play. 

Click here to get all the details now.  

On the date of publication, Luke Lango didn’t have (both straight or not directly) any positions within the securities talked about on this article.

P.S. You can keep up to velocity with Luke’s newest market evaluation by studying our Daily Notes! Check out the newest problem in your Innovation Investor or Early Stage Investor subscriber web site.



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