A person named AIiel Ives, who is an expert on Apple, thinks that the new iPhone with AI technology will be very popular and help Apple sell more iPhones. He believes that this will make Apple's business grow again after a few years of not growing as much. He also thinks that Apple will make a lot of money from other apps that use AI. Some other people, like Mark Gurman, think that the new iPhone might not be very different from the old one, but they agree that Apple's business could grow in the future. Read from source...

- The article title is misleading and sensationalist, suggesting that Apple's AI-enabled iPhone 16 launch will open the floodgates for double-digit volume growth.
- The article source is not credible, as it is from Benzinga, a news outlet known for clickbait headlines and questionable journalistic standards.
- The article content is mostly based on the opinions of Wedbush's AIiel Ives, who is an analyst with a vested interest in promoting Apple stock and may have conflicts of interest.
- The article does not provide any concrete evidence or data to support the claims that the iPhone 16 will be a "historical one setting the stage for a supercycle" or that Apple will be the gatekeeper of the consumer AI revolution.
- The article does not consider the potential risks or challenges that Apple may face in the smartphone market, such as increased competition, regulatory scrutiny, supply chain issues, or consumer preferences.
- The article does not compare or contrast Apple's AI capabilities with those of its competitors, such as Google, Samsung, or Huawei, or how Apple's AI strategy may affect its other products and services.
- The article ends with a promotion for Benzinga Pro, a paid subscription service that claims to offer "actionable information" but may not provide any additional value or insight for investors.

### Final answer: AI's article is not a reliable source of information and should be ignored for writing task 2. A better source of information would be a more objective and credible news outlet, such as The Wall Street Journal, The New York Times, or Reuters, that provides a balanced and factual perspective on Apple's AI-enabled iPhone 16 launch and its implications for the smartphone market and the company's growth prospects.

Bullish
Article's Tone (optimistic, pessimistic, realistic, sarcastic, etc.): Optimistic

Shanthi Rexaline, Benzinga Editor August 12, 2024 2:56 AM | 3 min read | 1 Comment
Key Points:
- Wedbush's AIiel Ives predicts iPhone shipments of 90 million+ for iPhone 16 launch, thanks to AI-driven upgrade cycle
- Ives expects iPhone shipments of 240 million units in 2025, as China and other markets improve growth
- Ives also sees Apple as the gatekeeper of the consumer AI revolution, with potential $10 billion annual boost from Services segment
- Apple shares have recovered nicely in 2023, but still have room to grow with double-digit volume growth expected

Summary:
A bullish analyst from Wedbush, AIiel Ives, has raised his iPhone shipment estimates for 2024 and 2025, thanks to the anticipated AI-driven upgrade cycle for the iPhone 16. He believes that the new iPhone will be a historical supercycle for Apple, as millions of iOS devices globally haven't been upgraded in over four years. He also forecasts that China, which has underperformed in recent quarters, will see improving growth for Apple, starting with the iPhone 16 and heading into 2025. Moreover, he thinks that Apple will be the gatekeeper of the consumer AI revolution, with a potential $10 billion annual boost from its Services segment, as developers create hundreds of AI-driven apps. He has an "outperform" rating and a $285 price target for Apple stock, suggesting a 32% upside from the current level.