Apple's Surging iPhone Sales Aren't Really About AI...and That's a Good Thing

Apple's Surging iPhone Sales Aren't Really About AI...and That's a Good Thing

Key PointsLast quarter’s strong iPhone revenue growth is being interpreted as a sign that Apple’s AI efforts are paying off.A closer look at where the company is on the developmental front, however, suggests this may not be the case.There’s a far bigger and longer-lived dynamic with its iPhone business that’s now working in Apple’s favor.10 stocks we like better than Apple › Apple (NASDAQ: AAPL) has finally jumped all the way on the artificial i…