Xin Lang Cai Jing·2025-11-06 12:37Core Viewpoint - Morgan Stanley indicates that despite Apple being perceived as lagging in the artificial intelligence software sector, the company has significant growth opportunities in robotics and embodied AI [1] Group 1: Robotics and AI Opportunities - Analysts highlight that as AI and robotics transform the physical world, Apple can leverage its vertical integration capabilities and a large installed base of over 2.3 billion devices to become a leader in the embodied AI space [1] - The conservative estimates for Apple's robotics business suggest that by 2040, this segment could generate $130 billion in revenue opportunities, which is equivalent to 30% of Apple's current revenue scale [1] - The contribution of this robotics business to Apple's current stock price is projected to be at least 10%, with a potential maximum impact of 25% [1] Group 2: Investment Rating - Morgan Stanley has assigned an "Overweight" rating to Apple, with a target stock price set at $305 [1]