Prominent analyst Dan Ives from Wedbush Securities stated that Apple, Nvidia, and Microsoft are gradually breaking through the $3 trillion market value milestone and advancing towards $4 trillion. He pointed out that Apple will be the first American company to reach a market value of $4 trillion, with Nvidia and Microsoft following closely behind.
Ives said: "Apple's AI super cycle will start with iPhone 16 and launch in the December quarter when more Apple Intelligence will be introduced. We believe that 20% of the global population will use AI through Apple devices. In the next three to six months, Apple is set for a historic year as iPhone sales are expected to exceed 240 million units."