TECH - Apple's AI Strategy Could Trigger Three-Year iPhone Sales Boost Says Top Tech Bull: 'Don't Overthink It' | Benzinga
Gene Munster, managing partner at Deepwater Asset Management, has indicated that Apple Inc.’s (NASDAQ:AAPL) AI strategy could trigger a three-year iPhone upgrade cycle, potentially leading to a surge in the company’s sales.
What Happened: On Friday, Munster took to X, formerly Twitter, and suggested that the most significant development at the WWDC could be the AI capabilities of certain iPhone models. “The most significant positive wild card at WWDC is related to which versions of the iPhone will be able to run AI,” he wrote.
These AI features, known as “Apple Intelligence,” will only be compatible with iPhone 15 Pro models or newer. Munster believes that this could be a strategic move by Apple to boost device sales.
He also ...