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Direxion Daily AAPL Bear 1X Shares To Go Ex-Dividend On December 23rd, 2024 With 0.16059 USD Dividend Per Share
The iPhone 16 will ignite a "replacement wave"! Wedbush: Apple's market cap is expected to reach $4 trillion next year.
①Wedbush analyst Dan Ives raised the target price of apple from $285 to $300, with over 36% potential upside compared to current levels; ②He predicts that the pent-up demand from iPhone users will ultimately drive sales of the iPhone 16 to 0.24 billion units in 2025.
Apple Event Review: Will Apple Intelligence Spark the Next Upgrade Cycle?
Is the Apple 'Super Cycle' coming with the arrival of the iPhone 16?
Bullish views believe that there is strong demand for iPhone upgrades and AI functionality will be a major selling point; bearish views, on the other hand, believe that the iPhone 16's features are not so stunning, the user experience is still unclear, and considering that some AI features will not be launched until next year, consumers may wait until next year to upgrade.
What to Expect From Apple's iPhone 16 Launch
Will the new iPhone trigger a wave of upgrades? Citigroup highly praises Apple's AI potential and lists it as the preferred stock, with a target price as high as $255.
Citi believes that the AI industry will transition from the infrastructure phase to the device phase, and Apple is expected to shine in the AI device era with "Apple Intelligence". AI will also be a major highlight of Apple's September new product launch event. IDC forecasts that by 2028, over 70% of smart phones will have generative AI capabilities.
