> Apple is a hardware company
A hardware business cannot demand a P/E ratio in the 30s range, especially given that supply chain disruptions are going to eat heavily into their margins.
Re:AI is turning Apple into a "loser"
by spacemadness on Thursday July 10, 2025 @01:02PM
(#44523078)
That’s a laugh in this market. Now do NVDA and TSLA.
TSLA is in a similar boat as AAPL.
NVDA is not targeting consumer hardware usecases AND has a significant services component in the pipeline.
As I mentioned elsewhere, Axios is not aimed at a retail investor like you.
Someone should let the shareholders and whoever writes Apple's quarterly reports know then.
Apple has plenty of time and money to watch other people flailing around trying to make AI first devices until they even really start to take it seriously. Even if someone else figures out to make a killer mobile AI app, it will absolutely support iPhones for the foreseeable future. All apple needs to do is make sure their chip pipeline supports it.
Google is the one that is facing an existential threat. Most people see their search engine as basically just a shitty ad-infested chatbot that produces worse results than chatgpt.