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The looming rise of spatial computing could pave the way for greater adoption of the metaverse that tech companies like Meta Platforms (META) are eager to break into. While the social media giant has since shifted more of its focus toward generative artificial intelligence (AI) with its Llama 2 large language model (LLM), the firm still has a strong desire to be there when computing makes its next big jump.
Undoubtedly, the rise of mobile computing has been profoundly profitable for Apple (AAPL). And there's likely still many years' worth of economic profits to be had as new iterations of the iPhone look to be released every year.
