Despite an earnings beat and strong iPhone sales, investors focused on Apple's (AAPL) weaknesses, slowing services growth, and projected lower margins as the stock fell 2% on Tuesday. But the iPhone maker may have also been cushioned by its unique position among the tech giants — and the massive sell-off they had just a few trading days ago. While everyone else has been spending lavishly on the AI build-out, Apple has been biding its time, as if content to let its competitors simply do their business on its hardware. To some, this is the "wrong" end of the AI trade.
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