Wedbush analysts, including Dan Ives, predict that Apple (AAPL, Financial) will enter a golden era of growth by 2025, fueled by an AI-driven iPhone upgrade cycle. Despite this, Wall Street has yet to fully recognize the potential impact. The analysts highlight the emergence of Apple's "Apple Intelligence" strategy, which is expected to revolutionize its consumer growth narrative in the coming years.
They estimate that hundreds of applications developed around Apple Intelligence could generate billions in annual service revenue. Apple is projected to reach a market valuation of $4 trillion, potentially becoming the first company to achieve this milestone. Consequently, Wedbush has raised its target price for Apple to $325.
