Apple must act swiftly to define its AI future, according to Deepwater’s Gene Munster, who said the company has a two-year window to retain user loyalty and meet rising expectations. In a post on X on Tuesday, Munster expects Apple’s WWDC to focus on software updates, not AI breakthroughs, potentially raising investor concerns. He contrasted Apple’s flat $11 billion annual capex with rivals like Amazon, Google, Meta, and Microsoft, which are expected to triple AI investments to $77 billion by 2025. Munster stressed that Apple must boost spending to control features and privacy by developing its top-tier AI model. Munster said current AI devices lack compelling features to draw Apple users away, though the Ive–Altman AI device expected in 2026 could change that.
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00:00It's Benzinga bringing Wall Street to Main Street.
00:02Apple must act swiftly to define its AI future, according to Deepwater's Gene Munster,
00:07who said the company has a two-year window to retain user loyalty and meet rising expectations.
00:12In a post on Exxon Tuesday, Munster expects Apple's WWDC to focus on software updates,
00:18not AI breakthroughs, potentially raising investor concerns.
00:21He contrasted Apple's flat $11 billion annual CAPEX with rivals like Amazon, Google, Meta,
00:27and Microsoft, which are expected to triple AI investments to $77 billion by 2025.
00:33Munster stressed that Apple must boost spending to control features and privacy by developing
00:37its own top-tier AI model.
00:40Munster said current AI devices lack compelling features to draw Apple users away, though the
00:44iBaltman AI device expected in 2026 could change that.
00:49For all things money, visit Benzinga.com slash GSTV.