Wedbush analyst Dan Ives has predicted that Apple Inc. (NASDAQ:AAPL) and Microsoft Corp. (NASDAQ:MSFT) could cross the $4 trillion valuation mark over the next year, driven by AI. What Happened: Ives raised his price target for Apple to $275, representing a 47% increase from its current value. He described the WWDC event on June 10 as Apple’s “most important event in a decade,” anticipating a series of AI announcements. “Introducing AI to its all-important developer community and laying the foundation for bringing generative AI to the consumer starts with Apple in our view,” Ives said. See Als…
