Apple partners w Alibaba (Patreon)

Note I have a Baba position since late 2024

Alibaba and Apple, two titans of their respective industries, have recently engaged in a partnership that marks a significant departure from Apple's traditional business practices. Apple is renowned for its insular approach, especially in software development, preferring to innovate and build in-house rather than collaborate. This self-reliant strategy has been a cornerstone of Apple's brand identity, emphasizing control over the user experience and product quality. However, the partnership with Alibaba breaks this mold, particularly in the realm of digital services and retail in China. The unusual aspect of this collaboration is Apple's deeper software integration with another tech giant around AI. Yeah Siri sucks! This move is beneficial for Alibaba as well, enhancing its platform with Apple's prestigious brand, potentially driving more traffic and offering exclusive Apple products or services through Alibaba's channels. It is also reflected in the stock price:

I still plan on holding till $160