Apple: A Likely Beneficiary Of Microsoft-Google AI Competition … – Seeking Alpha
Summary
- Google and Apple dominate the smartphone OS market, where most search queries take place.
- Google search engine is essentially pre-installed on all smartphones, thanks to Android and its payments to Apple in exchange for building Google search into Apple products.
- Microsoft could put Google in a difficult competitive spot by trying to outbid it for Apple customers. A bidding war would be a positive for Apple stock.
Bing with AI is going to completely change what people can expect from search. We are grounded in the fact that Google dominates this space. I feel like a new race is starting with a complete new platform technology. I’m excited for the users to have choice finally, and a real competitive race out there
-Satya Nadella
CEO of Microsoft Corporation (MSFT) Satya Nadella turned the heat on Alphabet Inc. (GOOGL) in search and the latter’s stock lost 8% in a few days, especially after Google reportedly botched the event it held to respond to Microsoft’s new…
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source: https://news.oneseocompany.com/2023/02/14/apple-a-likely-beneficiary-of-microsoft-google-ai-competition-seeking-alpha_2023021440606.html
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