Apple: WWDC Hype & Bullish Outlook
Citi's Confidence Soars
Wall Street is buzzing for WWDC 2025. Citi maintains a "Buy" on Apple with a $240 price target, confident in Apple's strategy despite some AI delays.
WWDC Focus: AI & Software
This year's Worldwide Developers Conference will highlight iPhone, iPad, and Mac updates, with high hopes for "Apple Intelligence." While some AI features are pushed to 2026, the long-term AI vision is intact.
Robust Core Business
Apple shows strong fundamentals, including solid revenue growth and healthy gross profit margins. Its integrated hardware-software-services ecosystem (2.35 billion devices) provides a key strategic advantage for AI deployment and data collection.
Global Resilience
Apple is holding strong globally, with slight shipment increases in China and regaining leadership in Q1 2025 global smartphone sales. This stability stands out amidst wider tech industry struggles from trade tensions.
Apple's Long Game
Citi's optimism stems from Apple's unique approach: not rushing to be first, but perfecting innovations privately. This "end-to-end" strategy deepens its market moat, allowing Apple to rise above industry shocks. $Apple(AAPL.US)
The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.
