You Know Microsoft and Apple Are Running Out of Things to Show When They Hop Onto Buzzwords and New Vapourware (Stuff That Does Not Even Exist!)
Days ago: It Just Had to Happen ("AI" Bubble Bursting, Fictional 'Value' Gradually Annulled)
THE hype factor is shedding off long-overdue (over)load. The bubble is bursting in spite of Microsoft trying to integrate chatbots into everything, even via Windows Update.
Pay attention to the latest vapourware incarnation from Microsoft (robotics is "AI" now?), seeing that chatbot hype is waning. Apple, whose debt grew 10-fold, has been doing the same lately as "Tim Cook confirms Apple’s generative AI features are coming ‘later this year’" (who asked for this?).
They have been latching onto buzzwords lately and their "next best thing" is a dud (they make a PR stunt by imposing artificial limits on pre-orders in order to fake "shortages" or "sellout"... on things that don't even exist yet!).
Apple has not yet supplied the debt data for the end of 2023 (that took almost 2 days in Microsoft's case), so maybe it's safe to assume it comes about 2 days later, i.e. tomorrow in Apple's case. We'll will watch this closely.
Apple's shares fell, as did Microsoft's. You won't notice this if you follow the headlines from so-called 'tech' media, pretending that Apple has some kind of fiscal comeback/miracle. Nothing could be further from the truth. █