Apple is criticized for lagging in AI development, but its massive reach of over 2.4 billion devices gives it a distribution advantage. While other tech companies invest heavily in AI, Apple’s cautious approach with $12.7 billion in capital expenditures may pay off in the long run. Despite delays with Siri, Apple’s dominant position is likely to remain strong in the age of AI.

CEO Tim Cook revealed a year ago that there were 2.35 billion active Apple devices globally, with the iPhone representing half of product revenue. This distribution advantage, coupled with the iPhone’s longevity and relevance, positions Apple well in the AI race. The company’s presence in consumers’ pockets worldwide strengthens its competitive moat.

Advancements in AI could be groundbreaking or incremental over the next decade. OpenAI’s ChatGPT gained 100 million users quickly, but Apple’s stronghold with the iPhone as the primary digital device is likely to persist. While Apple works on a wearable AI pin, OpenAI plans to launch its product in late 2026, suggesting a future where smartphones remain pivotal.

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Read more at Nasdaq: Prediction: Apple’s Dominant Competitive Position Won’t Fade in the Artificial Intelligence (AI) Age