From Investing.com: 2024-06-04 19:33:51

Apple Inc is gearing up for WWDC, poised to unveil its AI plans, Wedbush analysts note. The conference starts on June 10, expected to jumpstart an AI growth cycle. Wedbush maintains a bullish outlook, citing opportunities for monetization on devices and services. Apple likely to announce OpenAI partnership. Integration of AI set for iPhone 16 and iOS 18 to spur growth amidst hardware sales slowdown, especially in China. Competitive pressure from local players like Huawei in China. Yet, Apple’s software services revenue remains strong. AI adoption crucial for Apple’s growth against competitors.



Read more at Investing.com: WWDC a ‘pivotal moment’ for Apple with AI plans in focus- Wedbush By Investing.com