Apple, Inc. (NASDAQ:AAPL) shares have recovered nicely amid anticipation that iPhone demand will perk up following the launch of the next iteration of the flagship device armed with artificial intelligence technology. All pointers are toward a strong uptake of the newest iPhone when it launches, according to Wedbush’s Daniel Ives. Growth Renaissance: Wedbush’s recent Asia checks last week have increased confidence that the upgrade cycle will set in motion a “long-awaited” renaissance of growth for the company over the next year, said Ives in a note. The analyst now estimates initial iPhone 16 …
