"Cook would not be leaving unless he felt confident about the hand he is passing to his successor—and what a hand it is. Apple retains the pole position in distributing AI to its approximately 2 billion consumers worldwide, as we presciently said in Fortune last year."
"Apple is never the first, but it is always the best. The fallacy of first is demonstrated by the Netscape, Napster, Sony's Betamax, GM's EV1 electric vehicle, Kodak's first digital camera in 1975, and UPS' launch of an overnight delivery service in 1929 as potent reminders that being first is not the winning formula; being the best is."
"Although Apple has long been criticized for not spending enough on AI, Apple is now perfectly positioned to pick AI winners and losers given their control of physical hardware."
Tim Cook is stepping down as CEO of Apple, with John Ternus as his successor. Analysts believe Cook's departure is well-timed, as Apple is strong and poised for growth. Despite misconceptions about Apple's AI adoption, the company leads in distributing AI to its vast consumer base. Apple's strategy has historically focused on being the best rather than the first in technology, which has proven successful. The upcoming year is expected to be transformative for Apple's AI ecosystem, reinforcing its market position.
Read at Fortune
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