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Benzinga
89 days

Apple Likely To Open LLMs, Integrate Gemini On iPhone At WWDC: Analyst

1. Goldman Sachs maintains a Buy rating on AAPL with a $253 forecast. 2. AI integration is expected to enhance Apple's competitiveness by mid-2025. 3. Anticipated iOS updates aim to improve user experience and standardization. 4. Projected revenues of $408.99 billion indicate strong financial growth. 5. Apple's Services segment is expected to drive significant profit growth.

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FAQ

Why Bullish?

The strong buy rating and revenue projections can boost investor confidence, similar to past ratings that drove AAPL prices higher.

How important is it?

The analyst's positive outlook and predictions for service revenue provide substantial confidence for investors, which is critical for AAPL's stock.

Why Long Term?

The anticipated AI advancements and services growth will take time to influence AAPL’s market position and valuation sustainably.

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