Thoughts on Apple before WWDC 2024

As I type this on my MacBook Pro, I have to tell you, that I’m an Apple fan boy. Always have been and probably always will be. I’m a sucker. Owning Apple products makes me feel more creative than I actually am.

On Monday, June 10, 2024, we’ll finally get an idea of what Apple has been doing in their AI developments. My guess is it’s probably more of the same that we have been seeing from these other AI companies. Flashy generative products that kick out unbelievable answers to our most mundane questions.

However, Apple is probably going to do a better job of rolling out their products and the presentation will most likely make fanboys, like myself, think that it is the coolest AI product yet. Again, sucker.

It’s rarely considered a hot take to think that Apple stock will continue to go up. This graph says it all.

Disclaimer: None of this is financial advice. Do your own research.

So why is everyone in the media bashing on Apple. Sure, sales are slowing down. The Apple Vision Pro release was maybe a tad underwhelming.

(But we’re still very early on the Vision Pro adoption. A bright side for Apple is that, most Fortune 100 companies own one. That could mean that they’re still experimenting with corporate/medical/educational use cases…much more to come, but check out this CNN article)

Now, everyone is talking about how Apple has been late to the game with AI.

To which I ask — is that really such a bad thing? Apple has always been a second mover in the market, and that’s usually played out in their favor. Why should their AI product be any different?

Plus, the AI trend has already started to cool off. Perhaps under less media noise surrounding AI, Apple can release an AI product without competing for the media attention that other, potentially, better AI products would steal.

One BIG reason that Apple might produce a decent product, they have acquired more AI companies than any other Big Tech firm.

https://www.statista.com/statistics/1446598/ai-company-acquisitions-big-tech/

It doesn’t seem like the time to be betting against big tech, especially Apple.

Come Monday, we’ll finally see what they’ve been cooking. I personally hope it’s good. If it’s not, I’ll probably still use it, because, I am a sucker.

Update on Small Business

Hiring is hard.

You have this ideal person you’re looking for; hard worker, professional, and wants the best for your company. Good luck.

There are companies that try and solve the problems around hiring. We’ve all heard the podcast ads for ZipRecruiter. Then there’s Indeed and LinkedIn Jobs. Do these products work?

This is a real question that I do not have the answer to — how many business owners are satisfied with these products?

Could be a good startup idea.

There’s also Wellfound.com. I’ve gotten two jobs from this website. Good for startups, not sure how well it would work for localized small business owners.

Crypto Market Update

As of this writing, a single Bitcoin is going for $70,776.58. Just let that sink in.

For the layperson who doesn’t know a thing about Bitcoin, that probably sounds nuts. Because it is.

Disclaimer: None of this is financial advice. Do your own research.

I’m not a Bitcoin maxi, nor do I believe that everyone should be in the crypto market. However, I will say, anyone who says that Bitcoin is worthless and that it’s going to zero, is most likely wrong. I do not see a viable path to zero.

I do not own any Bitcoin, but I wish I did.

That’s all. I’ll catch you next time.

/

Keep Reading