Apple’s next AI test may not be Siri
Apple is positioning itself for the next phase of artificial intelligence, as indicated by Bank of America's analyst Wamsi Mohan, who raised the company's price target from $330 to $380 while maintaining a Buy rating. This suggests confidence in Apple's future AI developments beyond its current offerings.
WPN Brief
- What Happened
Apple is positioning itself for the next phase of artificial intelligence, as indicated by Bank of America's analyst Wamsi Mohan, who raised the company's price target from $330 to $380 while maintaining a Buy rating. This suggests confidence in Apple's future AI developments beyond its current offerings.
- Why It Matters
This development is significant as it reflects a strategic shift for Apple, indicating that the company may not need to lead in AI models to succeed, potentially opening new avenues for growth and innovation in the competitive tech landscape.