Ming-Chi Kuo, a renowned analyst at TF Securities, has shared his insights on investors’ most frequently asked questions about Apple Inc.’s (NASDAQ:AAPL) highly anticipated WWDC 2024.
What Happened: On Sunday, Kuo addressed investor queries about the market’s view of WWDC 2024, the potential for Apple’s hardware shipments to return to growth, and the types of AI services the tech giant might release.
According to him, the market expects the Tim Cook-led company to redefine user behavior with on-device AI and drive hardware replacement demand. However, he noted that the key to hardware growth lies in whether the AI services have “unique and sustainable competitive advantages.”
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