May. 23 at 1:50 AM
$AAPL is expected to reveal a massive AI overhaul centered on a reimagined Siri, alongside its next-generation device operating systems, at WWDC 2026 (June 8 to June 12).
Dan Ives sets a
$400 price target on
$AAPL, predicting that 20% to 25% of the global population will eventually access consumer AI through its devices. This growth leverages Apple's massive installed base of over 2.5 billion active iOS products.
Ives views
$AAPL as a structural "toll collector" for the AI industry. Instead of developing all AI tools internally, the company will monetize its ecosystem by charging third-party platforms—like OpenAI's ChatGPT, Google Gemini, and Anthropic's Claude—for integration and access to its users.
