Positive.

From Investing.com: 2024-12-23 05:02:01

Wedbush analysts predict a strong holiday season for Apple, fueled by iPhone 16 upgrades. Apple Intelligence is set to launch in China and other regions in April, with features like ChatGPT integration. Analysts project Apple to reach a $4 trillion market cap by early 2025, driven by its large user base, growing Services division, and AI adoption. Apple’s upcoming AI rollout is expected to revolutionize the company, shaping future chip architecture, hardware, and iPhone models. Analysts anticipate a record-breaking iPhone supercycle, with around 300 million iPhones overdue for upgrades globally. In China, 100 million iPhones are poised for upgrades, with an AI partner expected to be announced soon.



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