Apple Inc(NASDAQ:AAPL) is positioning itself for a significant market cap milestone as it plans to integrate new AI features and capitalize on a potential iPhone "supercycle," according toWedbush SecuritiesanalystDan Ives.
What Happened: In an interview with CNBC's "Squawk on the Street," Ives predicted that Apple will be the first company to reach a $4 trillion market capitalization, potentially as early as next year. He cited the company's strong iPhone sales forecast and the anticipated impact of AI integration across its software ecosystem as key drivers.
"I see this as the beginning of a super...
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