Apple's Struggles in AI and AR Indicate a Loss in Product Edge

Apple Inc. (NASDAQ:AAPL) is reportedly facing challenges in the burgeoning fields of artificial intelligence (AI) and augmented reality (AR), suggesting a potential decline in its product innovation prowess. This comes despite the company posting record-high quarterly revenue.

Bloomberg columnist Mark Gurman in his latest weekly “Power On” revealed that Apple’s ventures in AI and AR are trailing behind competitors such as Samsung Electronics Co., Alphabet Inc.‘s Google (NASDAQ:GOOGL), and various Chinese phone manufacturers. Despite efforts to position Apple Intelligence as a leading AI solution, the platform ...

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