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Dan Ives foresees Apple ‘supercycle’ with new Apple Intelligence-optimized iPhones

  • Wedbush analyst Daniel Ives predicts a 'supercycle' of upgrades with the release of the new iPhone 16.
  • Ives believes that the Apple Intelligence features in the iPhone 16 will drive significant demand.
  • Around 300 million iPhone users who haven't upgraded in over four years may be enticed to upgrade to the iPhone 16.
  • Ives forecasts that Apple could see $30 to $40 per share in monetization opportunities from AI alone.

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