Reported 20 days ago
According to Dan Ives, managing director and senior equity analyst at Wedbush, the ongoing consumer AI revolution is likely to significantly enhance Apple’s stock performance, particularly as the new iPhone 16 lineup rolls out. Ives believes that the upcoming months, from December to March, will see the largest iPhone cycle yet, primarily driven by advancements in AI. He suggests that the market is currently underestimating the potential impact of AI on Apple's financial future.
Source: YAHOO