With the departure of an important AI manager from $AAPL (-0.79%) to $META (+1.42%) I have decided to sell my Apple shares. Apple has been trying to get a foot in the door with AI for months ... but it doesn't look too rosy.
If you believe high-ranking Apple employees, this prominent departure of Ruoming Pang could set off a chain reaction. Numerous AI engineers have already announced their intention to leave the company. Meta and Co. will be pleased.
Zuckerberg in particular is opening his wallet wide to recruit AI experts. Will this be successful? We will find out!
I myself have been using Apple products for years and am also very satisfied, but AI will be a mega topic in the coming years, and there are other companies that are far better positioned.