Apple's AI Strategy Costs $630 Billion in Market Cap: Investors Want The Company To Look At Acquisitions

Benzinga
2025.07.15 06:45
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Apple Inc. has lost approximately $630 billion in market value in 2025, prompting investors to push for a change in its AI strategy. The company's shares have dropped by 14.45% this year, while competitors like Meta thrive due to their AI investments. Investors are urging Apple to consider significant acquisitions in the AI sector, as its last major deal was in 2014. Recent events, including a lackluster Worldwide Developers Conference, have heightened frustrations over Apple's minimal AI updates. Discussions about acquiring AI startup Perplexity AI are reportedly underway.