2024-01-19 13:48:10.AIbase.4.9k
Apple iPhone Data Vault Boosts AI Productivity, Stock Price Achieves Best Performance
Bank of America upgraded Apple's rating to 'Buy', with the stock price reaching its highest level since May 2023. Analyst Wamsi Mohan believes that the AI-driven iPhone and high-quality data are catalysts for Apple's potential. Due to iPhone data quality, generative AI can provide valuable suggestions to enhance user productivity. In the future, Apple plans to focus on software in 2024, and balance hardware and software in 2025 to drive iPhone development. Bank of America is optimistic about Apple's profitability over the next three years.