11:43 AM EST, 03/03/2025 (MT Newswires) -- Apple's ( AAPL ) iPhone sales could see a potential sales growth in the quarter ending June when its artificial intelligence feature launches in China following a potential partnership with Alibaba (BABA), Wedbush said in a note Monday.

The tech giant previously lost some market share to Huawei, but the upcoming Apple Intelligence introduction, along with new iPhone releases, could help it regain momentum in the market where around half of the 200 million iPhones are due for an upgrade, the investment firm said.

The first Apple Intelligence rollout is seen as the start of Apple's ( AAPL ) broader AI strategy, with an eventual aim to reach about a quarter of the world's population through its devices, according to the note.

Apple ( AAPL ) could foster hundreds of new apps using Apple Intelligence, tapping its global user base of 1.5 billion iPhones and 2.4 billion iOS devices for revenue growth, Wedbush analysts noted.

Easing market conditions and upcoming product launches are expected to reverse Apple's ( AAPL ) challenges in China, where CEO Tim Cook is expected to skillfully navigate business and political demands, Wedbush said.

Wedbush maintained an outperform rating for Apple ( AAPL ) with a $325 price target.

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