Apple Stock Drops 1.5% as Local AI Moves Onto Desktops
Apple NASDAQ:AAPL, the iPhone maker and chip designer, pitched its new desktops as a way for businesses to run AI without paying for every cloud request. Shares fell about 1.5% to $333.33 around 10:10 a.m. EST Tuesday. The bigger question for investors is whether that pitch can turn Macs into a mea…