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Wedbush Securities’ top analyst Daniel Ives remains highly bullish on Apple following the company’s WWDC 2026 keynote. In a new note, Ives reiterated his “Outperform” (Buy) rating and $400 price target, arguing that Apple’s refreshed AI strategy — highlighted by the new Siri AI plus deeper and better Apple Intelligence features — could add $75 to $100 per share to AAPL over time, a catalyst he believes the market has yet to fully price in.

TipRanks:
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Ives said Apple’s new AI strategy, which includes the launch of Siri AI and the deeper Apple Intelligence features, marks a turning point for the company as it works to close the gap with other AI leaders. In his view, the market is still undervaluing Apple’s AI monetization potential, especially through its services and future hardware cycles.

According to Ives, Apple’s AI push could ultimately add $75 to $100 per share to the stock over time. He called this year’s WWDC “a good step in the right direction” as Apple begins to show how AI will be built into the iPhone, Mac, and services ecosystem…

Interestingly, Ives ranks 416 out of more than 12,200 analysts tracked by TipRanks [in the 96.59th percentile]. He has an overall success rate of 93% on AAPL stock, with an average return per rating of 18.95% over a one-year timeframe.

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The market doesn’t get it, yet, but it will soon enough.

See also: Apple’s Siri AI could spark a massive iPhone upgrade wave – MacDailyNews, June 9, 2026

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Source link: https://macdailynews.com/2026/06/09/apple-intelligence-and-siri-ai-could-add-75-100-to-apple-stock-wedbush/

Apple has just pushed out iOS 26.5.1, a minor point release that arrives less than three weeks after the debut of iOS 26.5. As expected, this update focuses primarily on bug fixes, security improvements, and addressing early user-reported issues from the previous build.

While Apple’s official release notes are characteristically brief—describing it as “improvements and bug fixes”—reports from users and developers indicate several targeted refinements:

• Fixes for occasional app crashes, especially in Messages, Safari, and Apple Intelligence features.
Battery life optimizations: Addresses lingering reports of higher-than-normal drain on certain iPhone models following the iOS 26.5 update.

This update addresses an issue for a small number of users that may prevent wired charging on iPhone Air and iPhone 17 models when the battery is nearly drained. – Apple Inc

• Includes important security updates. As always, Apple recommends installing promptly.

• Small refinements to the new Liquid Glass interface elements introduced in iOS 26, improving responsiveness in animations and control center interactions.

• Resolves connectivity hiccups reported by some users after the prior update.

The iOS 26.5.1 update is available now over-the-air for all compatible devices:

1. Go to Settings > General > Software Update.

2. Download and install when prompted (approximately 400–600 MB depending on your device; size can vary slightly depending on whether a user is jumping directly from 26.5 or a slightly older build).

As with any update, it’s wise to back up your iPhone via iCloud or a computer beforehand.
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No major new features are included — this is a classic maintenance release designed to smooth out the experience ahead of the anticipated iOS 26.6 update, which is already in early testing.

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Source link: https://macdailynews.com/2026/06/01/apple-releases-ios-26-5-1-for-iphone/