Dan Ives On Apple's (AAPL) Developer's Conference & A.I.

Dan Ives discusses Apple's (AAPL) Worldwide Developers Conference. He talks about how the new M2-powered devices show that Apple continues to bear Intel (INTC), and other chip companies at their own game. He notes that the iOS 17 enhancements show that Apple is listening to what developers and customers are asking for. He believes ultimately that Apple is now building out its own A.I. ecosystem within its iOS developer community. He mentions that Wedbush has an outperform rating and a 12-month price target at $205.00. He highlights that Apple is doubling down on software, unveiling a new product category, and key product updates speaks to strength of Cupertino ecosystem. He then goes over the A.I. outlook for Apple. Tune in to find out more about the stock market today.