Jahanara Nissar

Even after the sharp move in the stock post-wwdc, we do not believe many investors appreciate the real value in the stock. The value lies not in gigantic LLMs or snazzy demos. Rather, AAPL’s value lies in a rich vein of gold that hyperscale peers do not have access to. And even if they did, […]

If 2023 was the year of text-based interaction with AI models, 2024 appears to be the year of interaction via human voice, ‘chatting’ in the real sense of the word. We were positive on AAPL through the lean months earlier this year, and we remain positive on the expectation of an AI-triggered refresh cycle. While […]