Did Apple’s AI Bet Pay Off? Gene Munster on Big Tech After Earnings

Bullish Gator

Gene Munster of Deepwater discusses whether Apple’s AI investments paid off and Big Tech’s post-earnings outlook amid the AI boom.

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What stands out

Gene Munster asked on BNN Bloomberg whether Apple's AI bet paid off, and the question lands because it captures why investors are split between faith and scrutiny. Munster's view matters because recent results showed only modest top-line growth, with revenue averaging 1.9% year over year and net income about 4.4%, even as markets heap value on AI stories. Apple has posted a 20-day gain of 8.6% and a 14-day relative strength index (RSI) of 62.3, which suggests the market has already priced significant hope. The exchange neatly exposes the gap between narrative-driven momentum and the slower pace of underlying results.