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Apple Hit with EU Fine

Bloomberg Intelligence

CHAPTER

Apple's Challenges and AI Innovations

The chapter explores Apple's response to a hefty EU fine and the impending Digital Markets Act, analyzing the impact on their stock price. It delves into the company's challenges, including slowing iPhone sales, Chinese competition, and supply chain dependencies, while anticipating a new AI-related product reveal at an upcoming conference. The discussion delves into Apple's AI strategy, the potential for innovative software updates, AI capabilities, and the balance between hardware and services for sustained growth.

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