so, there's this big company called apple, and they make cool stuff like phones and computers. they're going to have a special event where they'll show off their new phone, called the iphone 16. a man named AI ives thinks that this new phone could make a big difference and start a special time for apple. he thinks a lot of people will want to get the new phone and use it with something called ai, which is like a super-smart helper inside the phone. Read from source...
While there is no doubt that the iPhone 16 launch could be a significant event for Apple, it is unlikely to kickstart a "historical period," as Wedbush analyst AI Ives has suggested. The reason for this is that the iPhone's upgrade cycle has been fairly predictable over the past few years, with users generally upgrading every two to three years. While AI-driven features may be exciting for some users, it is unlikely that they will drive a supercycle or historical period of upgrades.
Furthermore, Ives' claim that 25% of the world will access AI through an iPhone seems rather exaggerated, considering that not all iPhones will have AI capabilities, and not all users will upgrade to the latest model. It is also worth considering that the iPhone is just one of many devices that people use to access AI, with laptops, tablets, and smartwatches also offering AI-driven features.
Overall, while the iPhone 16 launch may be an exciting event for Apple fans, it is unlikely to have the revolutionary impact that Ives has suggested. The upgrade cycle will likely follow a similar pattern to previous years, with users upgrading their phones every two to three years, rather than rushing out to buy the latest model every time a new iPhone is released.
Positive
Justification: The article discusses the anticipation for Apple's upcoming event and the possible impact of the new iPhone 16 series on the market. Analyst AI Ives shares his insights, predicting a significant iPhone upgrade cycle that could lead to a "supercycle." Overall, the sentiment expressed in the article is positive, as it highlights potential growth and success for Apple with the launch of the iPhone 16.
1. Invest in Apple Inc. (AAPL) before its September 9 'Glowtime' event featuring the anticipated launch of the iPhone 16 series. This move is supported by Wedbush analyst AI Ives, who believes the event could kickstart a 'historical period' for Apple. The upcoming iPhone launch, driven by artificial intelligence (AI), is predicted to ignite a significant upgrade cycle and a potential 'supercycle'. Inves also sees Apple on the path to $4 trillion with the integration of Apple Intelligence.
2. However, be mindful of the potential AI feature delay, with some enhancements not expected until 2025. Keep track of Apple's announcements and their impacts on the market. Stay up to date with analyst ratings, free reports, and breaking news that affects the stocks you care about.