Apple Looks Very Smart in Modest AI Spend: Tom Forte

Tom Forte of Maxim Group says he is especially interested in commentary on the December quarter, when the latest iPhone models will have had more time to affect sales. He said initial demand for the new iPhone duo appears strong and pointed to pent-up interest in a foldable iPhone after a long wait. He speaks with Kailey Leinz & Ed Ludlow on "The Close." (Source: Bloomberg)