Goldman Sachs’ 35 AI Superstars

Page 30 of 35

6. Apple Inc. (NASDAQ:AAPL)

Number of Hedge Fund Holders: 158 

Apple Inc. (NASDAQ:AAPL) is a consumer electronics firm. In the fourth quarter of 2024, Apple reported a revenue of $94.9 billion, marking a 6% increase from the same period in the previous year. This growth was attributed to the successful launch of new products, including the iPhone 16 lineup, Apple Watch Series 10, and AirPods 4. Apple has been integrating AI across its product ecosystem to enhance user experience and drive growth. In June 2024, the company introduced Apple Intelligence, a personal intelligence system for iPhone, iPad, and Mac. This system combines generative models with personal context to deliver relevant and useful intelligence to users. By October 2024, Apple Intelligence became available to users, offering features such as writing refinement, notification summaries, and a more natural and capable Siri. These AI-driven enhancements have been well-received, contributing to increased user engagement and satisfaction.

Page 30 of 35