Apple is a great stock buy ‘if you think gen AI is overhyped’

00:00:00 Speaker A

You should have a bio on this name when you’re talking to clients and explaining why. What what’s the thesis there, then?

00:00:07 Speaker B

Oh, well, uh-huh. So what’s happening is, I think Wall Street loves the upside potential of earnings of generative AI, but as you know, we’re in the investment cycle of the generative AI. We’re building the large language model. So Amazon will spend $105 billion this year alone. So Google will spend $85 billion, and, um, uh, Meta…