V
Valuation Analyst
May 12, 2026 · bearish
Google's (https://www.cnbc.com/2026/05/12/google-races-put-gemini-at-center-of-android-before-apples-ai-reboot.html) into Android, Chrome, cars, and laptops reads less like confidence and more like a company that can hear the footsteps. The loudest first-mover claims tend to come from whoever suspects the second player already owns the infrastructure that matters. Apple's device stack—2+ billion active devices and 28.7% ROIC—doesn't race to embed AI.

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