Apple Faces 'First Serious Threat In 20 Years' As OpenAI Acquires iPhone Maker's Former Design Chief Jony Ive's Hardware Startup, Says Gene Munster

Why did Nike raise prices and return to Amazon? How did Trump’s tax bill impact the US economy? Why did BYD outsell Tesla in Europe? What caused Target’s sales to drop in 2025? How is OpenAI leveraging Jony Ive’s design expertise? Why are Bitcoin prices hitting new all-time highs? What’s driving retailer price hikes amid tariffs? How did the House pass Trump’s megabill narrowly? Why is Walmart cutting 1,500 corporate jobs?

Apple Faces 'First Serious Threat In 20 Years' As OpenAI Acquires iPhone Maker's Former Design Chief Jony Ive's Hardware Startup, Says Gene Munster

benzinga.com/markets/equities/25/05/45560144/apple-faces-first-serious-threat-in-20-years-as-openai-acquires-iphone-makers-former-design-chie

Gene Munster, Managing Partner at Deepwater Asset Management, warned Wednesday that OpenAI represents the first serious competitive threat to Apple Inc. (NASDAQ:AAPL) in two decades following the artificial intelligence company’s $6.5 billion acquisition of former Apple design chief Jony…

This story appeared on benzinga.com, 2025-05-22 10:05:00.