On Monday, Gene Munster, managing partner at Deepwater Asset Management, expressed his confidence in the potential of Apple Inc.’s (NASDAQ:AAPL) new AI features, unveiled at WWDC 2024, to drive growth beyond current estimates. What Happened: Munster shared “pressure points” after the event on social media platforms like X, formerly Twitter, and YouTube. He suggested that the new AI features could encourage Apple’s user base to upgrade their hardware more frequently, thereby allowing the tech giant to exceed estimates over the next few years. He pointed out that the new AI features would requir…
