"Apple's AI Advancements and 5G Potential Spark Investor Interest"
TL;DR Summary
Analysts predict a potential rerating of Apple stock as the company prepares to release an AI-enabled iPhone in the fall, with the rumored device expected to drive a significant upgrade cycle similar to the impact of 5G. Despite near-term challenges, hedge fund investors are showing increased interest in Apple stock, and analysts believe that the AI features in the upcoming iPhone could attract buyers. Additionally, there are expectations for a major upgrade cycle with the iPhone 17 series in late 2025, driven by broader use cases for on-device AI.
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