Gene Munster Says Apple Stock's Tepid Reaction To Strong Earnings Beat Comes Down To One Thing: Investors Want More AI Substance - Apple (NASDAQ:AAPL)

Despite beating estimates and issuing upbeat guidance, Apple Inc. (NASDAQ:AAPL) shares barely moved as investors look for clearer evidence that artificial intelligence will meaningfully drive future growth, according to Deepwater Asset Management's Gene Munster.Apple Delivers Strong Quarter — On PaperApple reported fiscal first-quarter revenue of $143.76 billion, topping Wall Street expectations of $138.42 billion, while earnings came in at $2.84 per share, ahead of estimates of $2.66, according to Benzinga ...