That would be a valid explanation if they hadn't totally oversold and underdelivered on "apple intelligence". In reality, this explanation is just cope

> this explanation is just cope

I'm not saying they played 5D chess. Maybe they got lucky. But they're coming out of this infrastructure boom with the second-highes P/E ratio in the Magnificent 7 [1], dividend intact, and tens of billions of cash on balance sheet unburned (and their stock and balance sheet unincumbered by new debt or stock sales).

[1] https://dividend.watch/lists/magnificent-7-stocks

Ehhh if you squint, everything they announced today was announced in 2024.

Doesn’t seem like they changed their ideas much (I’m sure some iteration occurred but still) and the issue was the tech didn’t took 2 years to become workable

Feature set is borderline identical