Apple's WWDC 2024 Sneak Peek: Generative AI Strategy With Privacy Focus
Portfolio Pulse from Surbhi Jain
Apple Inc. (NASDAQ:AAPL) is set to unveil its generative AI strategy at the WWDC 2024, focusing on embedding AI tools in core applications and emphasizing consumer privacy. Goldman Sachs analyst Michael Ng has set a bullish 12-month price target of $226.00 for Apple, driven by AI features, ecosystem investments, and hardware upgrades.
June 03, 2024 | 2:19 pm
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Apple is expected to showcase its generative AI strategy at WWDC 2024, embedding AI tools in core applications and focusing on consumer privacy. Goldman Sachs has set a bullish 12-month price target of $226.00 for Apple, driven by AI features, ecosystem investments, and hardware upgrades.
The news highlights Apple's upcoming generative AI strategy and its focus on consumer privacy, which is expected to drive upgrade rates and product estimates. The bullish price target from Goldman Sachs further supports a positive short-term impact on Apple's stock price.
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