Apple announced the iPhone 15 at its 'Wonderlust' event earlier in SeptemberGetty Images Apple's upcoming WWDC on June 10 represents its "most important event in a decade," according to Wedbush analyst Dan Ives. Ives expects the company to unveil a host of AI features that will help power an iPhone 16 supercycle. Ives increased his Apple price target to a street-high $275, representing potential upside of 47%. Apple will be worth more than $4 trillion next year as it benefits from a massive iPhone 16 product "supercycle" that's buoyed by artificial intelligence, according to Wedbush analyst Dan Ives.In a Thursday note, Ives increased his Apple price target to a street-high $275, representing potential upside of 47% from current levels.

Topics:  wonderlust   images   introducing ai   openai   ai app store   cook    co   taiwan   april   street   fy25   business insider   september   apple   wwdc   june   wedbush   dan   ives   ai   important   day   decade   iphone   event   upcoming   expects   upgrade   cycle   analyst   supercycle   upside   features   company   represents   price   target   representing   growth   massive   potential   view   increased   consumer   current   foundation   
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