Goldman Sachs forecasts strong earnings per share (EPS) growth for Apple. This growth is driven by Apple's artificial intelligence investments. The investment bank's confidence reflects a broader market trend. Artificial intelligence significantly boosts corporate profits, with Apple as a key beneficiary.
Analysts believe the "Apple Intelligence" rollout will trigger a significant hardware upgrade cycle. This is expected to drive sales of new iPhones and other devices. Consumers seek to leverage the new AI capabilities. This will boost Apple's bottom line through product sales and longer-term services growth.