TECH - Apple's AI-Powered Growth To Trigger 10% Revenue Surge By 2025 Predicts Gene Munster: 'This Is Just The Start Of Apple's Next Growth Chapter' | Benzinga
Apple Inc (NASDAQ:AAPL) is poised for a significant growth spurt, driven by its artificial intelligence capabilities, according to Gene Munster, a prominent tech analyst.
What Happened: Munster, the Managing Partner at Deepwater Asset Management, predicts that Apple’s AI features will significantly enhance the value of its devices, driving the company’s growth in the coming years. He believes that the AI-driven experiences will become indispensable for Apple customers, leading to a substantial revenue increase.
“This is just the start of Apple’s next growth chapter because these AI features make devices more valuable and powered in part by Apple’s unique data. These experiences will be a must have for Apple customers. The debate of when will AI inspired growth start for the company misses the point. If it’s late this year or sometime CY25, growth will return to the company,” Munster wrote in a post on X.
He anticipates a revenue growth of over 10% in CY25, compared to the current Street estimate of 6%, with a further increase ...