But Apple is allegedly preparing AI in iOS 18
Apple, as we have already said, has recently been losing capitalization due to a decline in share prices. According to the forecast of a well-known analyst, the company may be inferior to Nvidia in terms of capitalization.
Tianfeng International analyst Ming-Chi Kuo wrote that market consensus for iPhone shipments in 2024 is declining. But more importantly, Nvidia may overtake Apple in terms of capitalization if the latter does not begin to actively act in the field of AI.
The previous market consensus for iPhone shipments in 2024 was 220–225 million units, which has now begun to be revised downwards and is approaching my previous forecast of 200 million units. If Apple fails to launch generative AI services this year that exceed market expectations, Nvidia's market value will likely surpass that of Apple
Apple's capitalization is now $2.63 trillion versus Nvidia's $2.15 trillion and Microsoft's $2.99 trillion. At the same time, Nvidia shares have approximately quadrupled in price over the year, while Apple shares have only grown by 15-20% over the same period. True, this is if we talk about current values after a two-month decline. If we take peak figures, then we are talking about a 30 percent increase.
Recall that rumors are actively suggesting that iOS 18 will be the largest system update of all time. Among other things, Apple will add various AI functions to the OS, but it is still completely unclear what they will be.