Apple’s Market Potential and Growth Factors
Apple Inc. (NASDAQ: AAPL) is eyeing a significant rebound, bolstered by a new price target of $350 from analyst Dan Ives of Wedbush Securities, which could push its market cap beyond $5 trillion. Following a period of economic challenges and uncertain tariffs, the iPhone has begun to show growth, capturing 20% market share as of 2025, up from 18% in 2024. The anticipated release of the iPhone 18, following the successful iPhone 17, is also expected to contribute to this upward trajectory.
Recent developments include Apple’s partnership with Google to enhance AI capabilities, emerging from a longstanding need for improvement in its Siri voice assistant. With more than 2.4 billion active iOS devices, the collaboration aims to revamp Siri by introducing more personalized features. Ives highlights these partnerships and product launches as key catalysts for Apple’s potential growth through 2026.
