Apple just gave investors a 0 billion reason to rethink the AI ​​spending race

Apple just gave investors a $100 billion reason to rethink the AI ​​spending race

Technological giant Apple (NASDAQ:AAPL) announced stellar fiscal second-quarter results last week. But there is one element of the report, beyond the headlines about strong iPhone sales and solid guidance, that deserves a closer look. Last week, along with its fiscal second-quarter results, the iPhone maker said its board authorized an additional $100 billion in stock…

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