Apple is said to be gaining an extraordinary advantage in AI-powered 'intelliphones' that only comes around once a decade. Bank of America predicts that this development will cause the company's stock to increase by 20%.

Reported 4 months ago

Apple is set to introduce AI-enabled "IntelliPhones," a new breed of smartphones that will offer advanced features like AI agents for tasks such as booking travel, real-time translation, and tutoring. Bank of America analysts predict a 20% surge in Apple's stock price due to the potential of these devices to drive a multi-year upgrade cycle and offer sophisticated functions. The analysts believe that Apple's focus on AI technology will differentiate it in the market and attract developers to create AI agents for the phones, leading to new monetization opportunities for the company.

Apple is said to be gaining an extraordinary advantage in AI-powered 'intelliphones' that only comes around once a decade. Bank of America predicts that this development will cause the company's stock to increase by 20%.

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