Tech analyst Dan Ives predicts a formal AI partnership between Apple and Alphabet in 2026 could boost Apple’s market capitalization to $5 trillion. However, evidence suggests this alliance may not significantly impact Apple’s stock. Apple’s revenue increased 8% last quarter to $102.5 billion, with a trailing P/E ratio of 36.3. Microsoft’s AI assistant generated about $400 million in direct revenue in 2024, indicating Apple’s potential revenue from AI may not be as substantial as predicted. Analysts foresee an 8.7% revenue increase for Apple in the current fiscal year, questioning the impact of AI on Apple’s stock in 2026.

Read more at Barchart: Dan Ives Is Betting That Apple and Google Will Partner in 2026. Should You Buy AAPL Stock First?