The action button being prime real estate I think shouldn't be understated.
It's a button that'll be in the hands and pockets of >1 billion people soon.
Each press allows these billion people to connect with a supplier of Intelligence. Whether it's ChatGPT, Google's search, Apple AI or whatever supplier. Apple controls the hardware.
Just think of Apple's contract with Google that nets them $20 billion a year in profit. For comparison, Walmart, Amazon, NVIDIA, Volkswagen, VISA, all had about 20 billion in net income in 2023.
Or think of the appstore as an analogy. Apple controls the gateway between consumer and supplier, and gains from it. This action button will be no different.
It's a button that'll be in the hands and pockets of >1 billion people soon.
Each press allows these billion people to connect with a supplier of Intelligence. Whether it's ChatGPT, Google's search, Apple AI or whatever supplier. Apple controls the hardware.
Just think of Apple's contract with Google that nets them $20 billion a year in profit. For comparison, Walmart, Amazon, NVIDIA, Volkswagen, VISA, all had about 20 billion in net income in 2023.
Or think of the appstore as an analogy. Apple controls the gateway between consumer and supplier, and gains from it. This action button will be no different.