Wedbush analysts, including Dan Ives, predict that Apple (AAPL, Financial) will enter a significant growth phase by 2025, fueled by an AI-driven upgrade cycle for iPhones. The financial community has yet to fully recognize this potential. Analysts note that Apple's developing "Apple Intelligence" strategy is set to transform 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. Additionally, they foresee Apple achieving a market valuation of $4 trillion, becoming the first company to reach this milestone. Consequently, Wedbush has raised Apple's price target to $325.