Apple 'Operating In An Alternative Universe,' Says Top Analyst, As Cupertino's Strategy Will Likely Weather Margin-Squeezing Effect Of AI Spending
Apple 'Operating In An Alternative Universe,' Says Top Analyst, As Cupertino's Strategy Will Likely Weather Margin-Squeezing Effect Of AI Spending
Alphabet, Inc. (NASDAQ:GOOGL) (NASDAQ:GOOG) last week flagged higher capex spending as it battles to gain supremacy in the artificial intelligence arena, and nervy investors sold off the stock on worries concerning a potential margin contraction. A tech venture capitalist said on Monday that Apple Inc. (NASDAQ:AAPL) could be fairly insulated because of the strategy it has chosen.
Alphabet公司（纳斯达克：GOOGL）（纳斯达克：GOOG）上周在人工智能领域争夺至高地时，标志着更高的资本开支，而紧张的投资者则担心可能会导致利润率收缩。一位技术风投资本家周一表示，由于苹果公司选择的策略，苹果公司可能会相对独立。
What Happened: Alphabet, Amazon, Inc. (NASDAQ:AMZN), Microsoft Corp. (NASDAQ:MSFT) and Meta Platforms, Inc. (NASDAQ:META) are on track to increase capex by about 43% this year, said Deepwater Asset Management's Gene Munster in a post on X, formerly Twitter.
Alphabet、亚马逊（纳斯达克：AMZN）、微软公司（纳斯达克：MSFT）和Meta Platforms公司（纳斯达克：META）计划今年将资本支出提高约43%，Deepwater Asset Management的吉恩·芒斯特（Gene Munster）在原Twitter上发布的一篇文章中写道。
Apple is a standout among the mega-cap techs, he suggested. "In what seems like it's operating in an alternate universe, $AAPL's CapEx is expected to be down 9% this year as the company monetizes its distribution in exchange for OpenAI's models and infrastructure," he said.
他认为，在巨型科技公司中，苹果是一个杰出的公司。“显然在另一个宇宙里运营的$AAPL的资本支出预计今年将减少9％，因为该公司与OpenAI的模型和基础设施交换获取分销，”他说。
"This is one of the reasons why Apple should see record margins sometime in the middle of next year." In the March quarter, the company reported gross margin of 46.6%.
“这是苹果公司明年中期应该创下历史最高利润的原因之一。”在三月季度，该公司报告的毛利率为46.6%。
Talk about bang for your buck: $GOOG $AMZN $MSFT $META will on average increase CapEx this year by 43%.
In what seems like it's operating in an alternate universe, $AAPL's CapEx is expected to be down 9% this year as the company monetizes its distribution in exchange for...— Gene Munster (@munster_gene) July 29, 2024
谈到物有所值：$GOOG $AMZN $MSFt $META今年的平均资本支出将增加43％。
显然在另一个宇宙里运营的$AAPL的资本支出预计今年将减少9％，因为该公司采用分销方式换取OpenAI的模型和基础设施—Gene Munster(@munster_gene)2024年7月29日
Why It's Important: Apple lagged behind its mega-cap tech peers in embracing AI. On Monday, Cupertino released a new software called Apple Intelligence in the developer beta of iOS 18.1 and the suite of AI features made available will help improve Siri, automatically generate emails and images and sort notifications.
这非常重要：在推广人工智能方面，与超大型科技公司相比，苹果公司落后。周一，库比蒂诺发布了称为Apple Intelligence的新软件，作为iOS 18.1的开发者beta版和提供的一系列AI功能将有助于改进Siri，自动生成电子邮件和图像以及对通知进行分类。
The software is expected to be released to the public later this year but it may not be part of the iPhone 16 that will be launched this fall and will be powered by the iOS 18.
这款软件预计将于今年晚些时候向公众推出，但可能不包含即将推出并将由iOS 18提供支持的iPhone 16。
As Munster said, Apple announced in mid-June that it has forged a partnership with Sam Altman-led OpenAI to integrate ChatGPT into the iPhone, iPad and Mac. The arrangement reportedly does not require Apple to pay for the OpenAI association, with the latter making money through distribution.
正如芒斯特所说，苹果公司于6月中旬宣布，已与由萨姆·阿尔特曼（Sam Altman）领导的OpenAI建立合作伙伴关系，将ChatGPt整合到iPhone、iPad和Mac中。据报道，该安排不需要苹果支付OpenAI协会的费用，后者通过分销赚钱。
Apple ended Monday's session up 0.13% at $218.24, according to Benzinga Pro data.
根据Benzinga Pro的数据，苹果公司周一收盘上涨0.13％，报218.24美元。