11:23 AM EDT, 03/27/2026 (MT Newswires) -- Apple ( AAPL ) is expected to drive growth in 2026 through artificial intelligence-focused devices and potential new hardware, such as a foldable iPhone, Wedbush Securities said in a note Friday.

The analysts said investors are focused on Apple's ( AAPL ) Worldwide Developers Conference in June, where the company is expected to highlight its progress in AI. The company is also expected to discuss working with Google (GOOG, GOOGL) on its Gemini model to support Apple's ( AAPL ) AI features, including a more personalized Siri with better context and on-screen awareness.

Apple ( AAPL ) is also expected to introduce new tools for developers to make it easier to build AI features into apps, while continuing to emphasize privacy through on-device processing. There may also be plans for a future AI subscription service, the analysts added.

The company will celebrate its 50th anniversary on April 1, marking its role as "one of the most transformative tech companies in history," the analysts said, adding that, unlike many competitors, Apple ( AAPL ) controls its hardware, software, chips, and services, which has helped it grow steadily and maintain a strong competitive position.

Wedbush maintained its outperform rating and $350 price target on Apple ( AAPL ).

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