Should You Buy Apple Stock Before June 10?

Core Viewpoint - Apple's upcoming AI features for the iPhone are expected to drive a significant upgrade cycle, potentially enhancing sales and stock performance in the coming years [1]. Group 1: AI Investment and Strategy - Apple has invested over $100 billion in research and development over the last five years, with more than $1 billion per year specifically allocated to AI research [2]. - The company employs a hybrid investment model, collaborating with suppliers and partners to share costs while developing AI technologies [2]. - Apple is exploring partnerships with third parties, such as Google, to integrate generative AI into iPhones, which could be a cost-effective strategy [3]. Group 2: Product Development and Market Impact - The next version of iOS is anticipated to include significant AI improvements, making it one of the largest updates in years, which may incentivize users of older iPhone models to upgrade [4]. - Apple is reportedly developing its own chips to handle basic AI tasks locally on devices, enhancing user privacy and performance [3]. Group 3: Stock Performance and Market Outlook - Wall Street projects Apple's earnings to reach $8.01 per share by fiscal 2026, suggesting a potential 30% upside based on current price-to-earnings ratios [5]. - The stock is viewed as fairly valued with the potential for upside surprises due to the anticipated impact of AI on iPhone demand [5].