Apple has poached dozens of artificial intelligence experts from Google and has created a secretive swiss laboratory in Zurich
As the tech giant builds a team to battle rivals in developing new AI models and products. According to a Financial Times analysis of hundreds of LinkedIn profiles as well as public job postings and research papers, the $2.7tn company has undertaken a hiring spree over recent years to expand its global AI and machine learning team. The iPhone maker has particularly targeted workers from Google, attracting at least 36 specialists from its rival since it poached John Giannandrea to be its top AI executive in 2018. While the majority of Apple’s AI team work from offices in California and Seattle, the tech group has also expanded a significant outpost in Zurich. Professor Luc Van Gool from Swiss university ETH Zurich said Apple’s acquisitions of two local AI start-ups — virtual reality group FaceShift and image recognition company Fashwell — led Apple to build a research laboratory, known as its “Vision Lab”, in the city. Source: FT
Apple's iPhone sales tumble 24% in China, its biggest Asian market, losing out to Huawei, according to Counterpoint Research data
Source: Bloomberg
BREAKING: A strong intraday reversal by apple stock $AAPL
After they announced they have CANCELLED their work on designing an electricvehicule to focus on artificialinteéligence.
Valuations today:
Apple: $2.8 trillion BlackBerry: $1.5 billion Valuations 15 years ago: Apple: $79 billion BlackBerry: $28 billion Source: Jon Erlichman
Remember when Apple was the most important company in the world?
That was like just a few months ago. Source: J-C Parets
Nice visual by Graphite Asset Advisory and John Haslett, CA(SA), FRM
𝗛𝗮𝗹𝗳 𝘁𝗵𝗲 𝗦𝘁𝗼𝗿𝘆: 𝗪𝗵𝘆 𝗔𝗽𝗽𝗹𝗲' 𝗶𝘀 𝗻𝗼𝘁 𝗮 𝟱𝟬% 𝗦𝗹𝗶𝗰𝗲 𝗼𝗳 𝘁𝗵𝗲 𝗕𝗲𝗿𝗸𝘀𝗵𝗶𝗿𝗲 𝗛𝗮𝘁𝗵𝗮𝘄𝗮𝘆 𝗣𝗶𝗲 Apple isn't half of Berkshire Hathaway. Why? Because the pie is much bigger ! 𝗪𝗶𝘁𝗵 𝟲𝟱 𝗱𝗶𝘀𝘁𝗶𝗻𝗰𝘁 𝘂𝗻𝗹𝗶𝘀𝘁𝗲𝗱 𝗴𝗲𝗺𝘀 (swipe right for full list) in its treasure chest along with interest bearing cash and fixed income, Berkshire Hathaway's empire stretches far beyond the realms of just the listed stock market.
Apple $AAPL closed under the 200D SMA for the first time since October.
The $180 support area is key to watch. If it goes, could it take the rest of the market with it? Source chart: Trend spider
Apple marketing philosophy
Just perfect. Source: Linas Beliūnas
