{
  "disclaimer": "Goldirham Insight: educational research, not financial advice. Scores are editorial opinions, not forecasts. Simulated prices are illustrations, not market data.",
  "rows": [
    {
      "symbol": "AAPL",
      "name": "Apple",
      "theme": "On-device AI across 2B+ active devices",
      "upside": 6,
      "safety": 9.5,
      "ai_exposure": 6.5,
      "review_status": "unreviewed",
      "reviewed_by": null,
      "reviewed_at": null,
      "review_sources": null,
      "thesis": "Owns the world's most valuable install base — the endpoint where AI meets users.",
      "why_it_could_work": "2B+ active devices = unrivalled AI distribution | On-device AI and silicon leadership protect privacy and margins | Services revenue is a high-margin, recurring compounder | Best capital-return program in mega-cap tech",
      "key_risks": "Perceived as an AI laggard on frontier models | China demand and geopolitical exposure | Slower hardware-replacement cycles",
      "cycle_stage": "Steady compounder; the AI device-refresh cycle is the call option."
    }
  ]
}
