Apple AI push could drive multi-year growth: BofA Analyst

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Apple,Wamsi Mohan,Wall Street Analysts

Apple (AAPL) stock is gaining momentum as Wall Street analysts grow increasingly bullish on the tech giant, largely due to its AI prospects and growth...

) has raised its price target on Apple from $230 to $256 per share. Bank of America IT hardware analyst Wamsi Mohan joins Catalysts to discuss these developments.Based on these findings, he believes this could spark"a multi-year cycle" of growth for Apple, particularly given the significant number of users still operating older iPhone models.

So I'm curious from your perspective, where do you get clarity on hype versus actual excitement that's gonna convert to sales regarding these iphone A I features?Uh they are really ready for the consumer, right? We have Ubers, a lot of this stuff can actually be automated, but we go and jump across so many different apps to try to get this just our daily routines in place.

And I think that that's really key to understanding this upgrade cycle and as those features roll out and over the next several quarters and more and more developers are going to integrate, Siri even more deeply, it could start with Uber, maybe Lyft would follow, you could see open table or others start to integrate.

Paying a 1% annual fee to a financial advisor for managing a $2 million investment portfolio is pretty typical, but that doesn’t necessarily mean it’s the right amount for every investor. Even small-sounding financial advisor fees can seriously erode long-term returns when compounded over years or decades. A 1% annual fee on a $2 million The post I Have $2 Million Invested With My Financial Advisor and Pay a 1% Fee. Am I Paying Too Much? appeared first on SmartReads by SmartAsset.

 

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