Nansen CEO Reaffirms Bullish Outlook on Apple Amid AI Improvements and Hardware Strength

ME News reports that on July 19 (UTC+8), Nansen CEO Alex Svanevik posted that he is becoming bullish on Apple again, listing five key reasons: improved Siri capabilities, advancements in on-device AI inference, the appointment of a new CEO, cash flow advantages, and brand strength. Svanevik noted that Siri’s experience in the iOS 17 Beta has significantly improved, with search functionality finally making progress—though it has not yet fully reached its potential, it is “on the right track.” The growth of smaller AI models will greatly benefit Apple, enabling users in the future to access high-quality on-device AI inference—running AI models directly on their devices—to enhance privacy and responsiveness. Additionally, Apple’s new CEO, John Ternus, brings a hardware background, aligning with Apple’s strategic direction to further strengthen its hardware advantages. Apple’s consistent generation of strong free cash flow and its enduring leadership in brand influence within the tech industry remain critical pillars of its long-term value. As AI capabilities become increasingly integrated into Apple’s ecosystem, new growth opportunities may emerge. (Source: ODAILY)