It is still too early to determine whether artificial intelligence (AI) will be the driving force behind the growth of personal computers (PCs). Similar to the hype surrounding 5G a few years ago, which was expected to lead to increased phone upgrades and sales, we now know that those expectations did not materialize. While new PCs may be equipped with AI chips, people will not feel compelled to upgrade unless there are significant reasons and innovative AI applications. Additionally, security concerns exist for Fortune 500 enterprises who may hesitate to train their AI models using sensitive company and customer data stored on employees' laptops, which can be vulnerable to theft or hacking.
Apple's Services Revenue and Growth Strategy
Apple's fourth-quarter earnings release on September 30 highlighted an "all-time revenue record in services." This raises the question of whether Apple has found a new growth strategy ("Apple Isn't Growing. That May Not Be the Biggest Issue for the Stock," Tech Trader, Nov. 3). Recently, I received an official email notifying me of a 42% increase in the subscription price for Apple TV. Perhaps this price hike is part of their strategy. It seems that inflation is still prevalent, contrary to belief.
Timeless Wisdom
Sue Storey
Nantucket, Mass.
To the Editor:
Lots of wisdom here, but the part that most caught my attention and concern is that Loomis Sayles’ Dan Fuss "does think interest rates are likely to experience successive cycles marked by higher lows and higher highs" ("The Warren Buffett of the Bond Market Has a Warning for Investors," Up & Down Wall Street, Nov. 3). That’s probably accurate, unless the current out-of-control fiscal policies are reined in.
- H.P. Gates
- On s.com
Private-Equity Issues
To the Editor:
Catherine Keating’s essay "Invest Like an Institution" (Other Voices, Nov. 6) needs context. Shouldn’t we be concerned that so many companies are bought up by private equity? When solid, reputable companies are bought, then decimated and sold for parts, who gains? Not the employees, who are out on their ears. Not the customers, who are bereft. Like the dot-com bust and the mortgage meltdown, private-equity buyouts aren’t a sustainable business practice.
- Patty Duffy from Grand Blanc, Mich.
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