AI-Free Apple (AAPL) Looks More Like a Value Stock Than High-Growth Tech

For two decades, no company better embodied the promise of the stock market than Apple Inc. Its transformation from niche computer maker to the most valuable corporation on the planet made its shares a cornerstone of investment portfolios worldwide.

But in what seems like a blink of an eye, Apple’s sheen is starting to fade. Artificial intelligence is the story in technology now, driving the growth that the company used to count on from selling its gadgets and services to eager consumers across the globe.