Needham Says $META Could Be One of $AAPL's Biggest Long-Term Risks as It Builds an Agent and Hardware...

Needham just dropped a note saying $META could be one of $AAPL's biggest long-term risks as it builds an agent plus hardware ecosystem that can "directly attack Apple's core business."
Muse coming to Meta glasses makes that a lot more real, because the new threat is agents doing more of the work outside the App Store, where Apple takes a 15-30% cut.