Apple’s stock lags as investors favor high-valuation AI plays over potential revenue from Apple. Reports suggest Apple may launch a wearable AI “pin” in 2027, following Humane’s failed attempt in 2024. Apple’s upcoming earnings report on Jan. 29 is expected to show 10.4% YOY revenue growth, driven by holiday sales, iPhone demand, and margin commentary. Analysts are optimistic about Apple’s future, with target prices ranging from $289 to $350, citing sustained iPhone demand and potential revenue growth from new products like the rumored Apple AI.

Read more at Barchart: Could a Wearable AI Pin Be the Next Big Thing for Apple Stock?