Wedbush: Apple iPhone shows signs of stabilization, China market is expected to rebound in the third quarter

IT Home News on July 8, according to the latest supply chain survey by investment company Wedbush Securities, Apple iPhone sales in multiple markets around the world are showing signs of stabilization. Apple shares edged higher in premarket trading Monday.

Analyst Dan Ives said that iPhone growth trends will be formed in various markets, and the Chinese market will resume growth in the third quarter.

2. The Chinese market is crucial to Apple

The Chinese market remains the key to Apple’s growth, and analysts believe iPhone16 will once again drive growth in the region.

3. Apple Intelligence Integrated AI Models

Ives believes that developers need to integrate AI models into Apple Intelligence because of the large number of devices Apple and its iOS ecosystem reach.

4. Generative AI applications driving growth

Developers are expected to build hundreds of generative AI applications in the next 6 to 12 months, which will be a key factor in Apple's success.

5. iPhone 16 will be the core of the AI wave

iPhone 16 will be the core pillar of the AI wave that will be revealed when it is released in mid-September.

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