From Yahoo Finance: 2025-05-27 08:39:00

Kevin Simpson, founder of Capital Wealth Planning, warns that hardware facilitating ChatGPT could pose a long-term threat to Apple Inc. The Guardian suggested OpenAI, where former Apple designer Jony Ive now works, could create a popular product bypassing the iPhone. Despite this, Simpson advises holding AAPL stock amidst recent price drops.

In the last month, AAPL stock has fallen 7%, with a 21% drop over the last three months. Despite potential, Simpson believes other AI stocks offer higher returns with limited downside risk. For investors seeking AI stocks with 100x upside potential, a report on the cheapest AI stock is available.

Read more: Apple (AAPL) Faces Significant Threat From ChatGPT, Veteran Investor Says