financetom
Business
financetom
/
Business
/
Apple Expected to Present Range of Features Via Apple Intelligence at WWDC, Wedbush Says
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Apple Expected to Present Range of Features Via Apple Intelligence at WWDC, Wedbush Says
Jun 9, 2025 8:30 AM

11:12 AM EDT, 06/09/2025 (MT Newswires) -- Apple ( AAPL ) is expected to present a range of different features through Apple Intelligence, including a revamped operating system, at its Worldwide Developers Conference later in the day, Wedbush said in a Monday note.

The tech giant is not expected to introduce any "groundbreaking" news, but the first roll out of Apple Intelligence is "just the beginning" of a "broader" AI roadmap, analysts led by Daniel Ives said.

Tim Cook and the company are also expected to name Alibaba Group ( BABA ) as its artificial intelligence partner in China before the fall and "ideally" ahead of the iPhone 17 launch, the analysts said.

"This Alibaba ( BABA ) partnership is key to the long-awaited growth catalyst in this region with our estimate that over 100 million of the roughly 200 million iPhones in China are in the window of an upgrade opportunity," the analysts said.

Wedbush maintained its outperform rating on Apple's ( AAPL ) stock with a $270 price target.

Price: 204.90, Change: +0.98, Percent Change: +0.48

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Strata Skin Sciences Secures Approval for XTRAC Momentum 1.0 Device in Japan
Strata Skin Sciences Secures Approval for XTRAC Momentum 1.0 Device in Japan
Jul 22, 2024
09:54 AM EDT, 07/22/2024 (MT Newswires) -- Strata Skin Sciences ( SSKN ) said Monday that Japan's Ministry of Health, Labor, and Welfare has approved its excimer laser device, XTRAC Momentum 1.0. The device will be immediately launched in Japan through the medical technology company's partner and distributor JMEC, the company said. Strata Skin Sciences ( SSKN ) said that...
aTyr Pharma Completes Enrollment in Phase 3 Trial of Efzofitimod to Treat Pulmonary Sarcoidosis
aTyr Pharma Completes Enrollment in Phase 3 Trial of Efzofitimod to Treat Pulmonary Sarcoidosis
Jul 22, 2024
09:51 AM EDT, 07/22/2024 (MT Newswires) -- aTyr Pharma, Inc. ( ATYR ) said Monday it has completed enrollment in its phase 3 trial of efzofitimod to potentially treat people with pulmonary sarcoidosis. The trial enrolled 268 people at 85 centers in nine countries and exceeded its target enrollment, the company said, adding that topline results are expected in Q3...
PAR Technology Completes TASK Group Acquisition
PAR Technology Completes TASK Group Acquisition
Jul 22, 2024
09:55 AM EDT, 07/22/2024 (MT Newswires) -- PAR Technology ( PAR ) said Monday it has completed its acquisition of TASK Group, an Australian foodservice transaction platform. The company said the acquisition price consisted of approximately $131.5 million in cash and nearly 2.2 million shares of PAR Technology's ( PAR ) common stock. Shares of PAR Technology ( PAR )...
-- Air Canada Brief: Now Down Less Than 5%, Was Down 5.5% After Reporting Q2 Preliminary Results Largely Below Last Year; Full-Year Guidance Lowered
-- Air Canada Brief: Now Down Less Than 5%, Was Down 5.5% After Reporting Q2 Preliminary Results Largely Below Last Year; Full-Year Guidance Lowered
Jul 22, 2024
09:55 AM EDT, 07/22/2024 (MT Newswires) -- Price: 16.21, Change: -0.86, Percent Change: -5.04 ...
Copyright 2023-2026 - www.financetom.com All Rights Reserved