Why Analysts Believe Apple's (AAPL) iPhone Super Cycle Is Just Beginning

Apple Inc. (NASDAQ:AAPL) is one of the AI Stocks In The Spotlight For Investors. On September 10, Wedbush analyst Daniel Ives reiterated an Outperform rating on the stock with a $270.00 price target. The firm believes that significant upgrade opportunities are ahead of the tech giant following Apple Event 2025.

The firm said that an identified approximately 315 million iPhone users out of Apple’s global user base of 1.5 billion have not upgraded their devices in over four years. This, it believes, represents a substantial potential for future sales growth.

“The Spark for a New Era at Apple. We estimate roughly 315 million iPhone users of 1.5 billion users worldwide have not upgraded their phones in over 4 years speaking to an upgrade opportunity on the horizon for Cupertino with China front and center. The company’s focus on much-improved internal product efficiencies balanced with bold redesigns and practical new features interwoven with Apple Intelligence sets Apple up to launch towards an eventual super cycle over the next 12 to 18 months while the company looks to improve its AI strategy that’s holding the stock back.”

Apple is a technology company known for its consumer electronics, software, and services.

While we acknowledge the potential of AAPL as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

READ NEXT:10 Buzzing AI Stocks on Wall Street and 10 AI Stocks on Wall Street’s Radar.

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