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It seems that consumer tech giant Apple (AAPL) is no longer the apple of investors’ eyes anymore.
In addition to investor concerns that the company has fallen behind in artificial intelligence and blowback from President Donald Trump for its plans to move iPhone production to India, the latest and possibly most serious blow to its dominance in global consumer tech is the news that former design chief Jony Ive will team up with Sam Altman-led OpenAI to purportedly create a product or range of products powered by AI.