We just covered the Top 10 Stock Picks of 10 Famous Billionaires. Apple Inc. (NASDAQ:AAPL) ranks #4 (see Top 5 Stock Picks of 5 Famous Billionaires).
Number of Hedge Funds: 170
Top Pick Of: Warren Buffett's Berkshire Hathaway
Apple was once seen as a laggard in the AI race. Now it is looking like a winner, and without breaking the bank on capex. Apple's capex-to-revenue ratio stands at just 2.5%, well below the 10%-plus seen at most mega-cap peers. As competitors burn through cash on AI infrastructure and investors question whether those investments will generate returns, Apple is taking a different path.
The company plans to monetize AI through its massive existing customer base. Apple now has over 2.5 billion active devices, up from 2.35 billion a year ago, a gain of 150 million devices in one year. That installed base positions Apple to benefit from the shift toward agentic AI applications, where users need a trusted platform to manage identity, authentication, and payments. Few platforms can match Apple on that front.
Number of Hedge Funds: 170
Top Pick Of: Warren Buffett's Berkshire Hathaway
Apple was once seen as a laggard in the AI race. Now it is looking like a winner, and without breaking the bank on capex. Apple's capex-to-revenue ratio stands at just 2.5%, well below the 10%-plus seen at most mega-cap peers. As competitors burn through cash on AI infrastructure and investors question whether those investments will generate returns, Apple is taking a different path.
The company plans to monetize AI through its massive existing customer base. Apple now has over 2.5 billion active devices, up from 2.35 billion a year ago, a gain of 150 million devices in one year. That installed base positions Apple to benefit from the shift toward agentic AI applications, where users need a trusted platform to manage identity, authentication, and payments. Few platforms can match Apple on that front.
5 months ago
