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08 August
Is Apple making the same mistakes as Blackberry? Here’s how it can change course.

Apple seems to be lacking vision around AI, but one analyst recommends the company make a splashy acquisition and pay up for top AI hires

Tim Cook at Apple American Manufacturing Program announcement.
Apple’s stock has seen gains this week after it announced an additional investment in the U.S. Photo: Getty Images

Apple Inc.’s stock could see its largest weekly gain in over five years, but the company still can’t shake the perception that it’s lacking in innovation.

Wedbush analyst Daniel Ives even went as far to suggest that Apple’s AAPL “invisible AI strategy” could create a “Blackberry Moment” for the company and its chief executive, Tim Cook. He worries Apple is resting on its laurels as the artificial-intelligence wave grips Silicon Valley.