How Apple's AI push could do more than just reignite iPhone sales

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Melius Research believes Apple's AI-enhanced iPhones could boost multiple parts of the technology giant's business.

A new note from Melius Research supports what Jim Cramer has been saying for a while now: Club holding Apple's integration of artificial intelligence into the iPhone should be a boon to investors. Shares of Apple are "gearing up for a run" higher in anticipation of the company's Worldwide Developer Conference in June, where management is expected to share more about its AI strategy, Melius analysts wrote to clients Monday.

A new note from Melius Research supports what Jim Cramer has been saying for a while now: Club holding Apple's integration of artificial intelligence into the iPhone should be a boon to investors.

Source: News Formal (newsformal.com)

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