Apple's (AAPL) decision to "wait at the finish line" in the AI race is aiding investors' wallets, says LikeFolio's Landon Swan. While Amazon (AMZN), Alphabet (GOOGL), Microsoft (MSFT), and Meta Platforms (META) are spending hundreds of billions of dollars on CapEx, he says Apple's iPhone and product suite, combined with its Google Gemini partnership, give it enough of a profitability platform.

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