Apple Slips as $20,000 Macs Challenge Token Rent

This article first appeared on GuruFocus. Apple (NASDAQ:AAPL), the consumer-device and chipmaker, pitched its new Macs as a way for businesses to run AI models without paying for every cloud request. Shares were down about 0.7% at $337.22, compared with the previous close of $339.75. Warning! GuruFocus has detected 3 Warning Sign with BABA. Is AAPL fairly valued? Test your thesis with our free DCF calculator.AAPL GF Value chart The hardware is now on sale. Apple says its Mac Studio can hold up to 512GB of unified memory, giving large models room to run on the device. At a launch demonstration, four linked Mac Studios ran a trillion-parameter model from one wall outlet, according to Reuters.