Core Insights - Apple is perceived as a stable investment amid AI-related market volatility, with its correlation to the Nasdaq 100 Index dropping to 0.21, the lowest in 20 years [2] - The company's AI strategy positions it as an outlier among tech giants, as it is not engaging in the same level of capital expenditures as its peers [7] Group 1: Market Position - Apple's low correlation with the Nasdaq indicates a unique market position, suggesting it may be insulated from the current AI-driven market fears [2][3] - Analysts believe that while Apple may have less potential for growth in a tech rebound, it is unlikely to be sold off due to its perceived insulation from AI disruptions [3] Group 2: AI Strategy and Product Development - Apple is reportedly accelerating the development of AI-powered wearable devices, including a pendant, AirPods, and smart glasses [8] - During a recent earnings call, Apple's CEO emphasized the integration of AI into its ecosystem, framing it as a way to enhance value across hardware and services [9][10]

In an ocean of artificial intelligence (AI)-related angst, Apple is reportedly offering investors a life preserver.By completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our Privacy Policy and Terms and Conditions .Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required.That’s according to a report Wednesday (Feb. 18) fr ...