Jim Kramer says Apple is well located without its own AI technology

CNBC’s Jim Cramer on Wednesday gave investors prime access to iPhone Maker’s vast user base, for reasons that Apple believes Apple is ready to succeed in the Big Tech realm without its own advanced artificial intelligence technology.

“Just yesterday, Apple didn’t have cards. Today they have all the cards,” he said. “Apple has always had an AI strategy. You pay to play. You pay to them, not they pay you.”

Wall Street has put pressure on Apple to reveal a strong AI strategy. nvidia A chip that creates AI products. The company’s stock has fallen behind the rest of the epic Seven members so far this year. It’s the second performer of The Bunch Tesla.

But, according to Cramer, Apple’s luck after a federal judge said Tuesday, Google You don’t need to sell your Chrome browser. This was a measure proposed by the Justice Department after the court ruled in August 2024, which held an illegal monopoly in the core search business. The recent decision means that Google can pay Apple to become the default search engine for iPhone. Nearby, Apple’s shares rose 3.81%.

Cramer said Apple no longer has to worry about making billions of dollars worth of transactions with AI companies like Hyperscaler and Perplexity. Instead, he continued, Big Chat Bot’s name must compete for Apple’s spotlight.

Ultimately, one AI platform would be more popular than the others, suggesting that it could become Gemini given its existing relationship with Google and Apple.

“There are no clear winners in the chatbot space right now, but if you can pay Apple a lot of money to make your default, someone will write that check,” Cramer says.

Apple did not immediately respond to requests for comment.

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Disclaimer CNBC Investing Club Charitable Trust owns shares in Apple.