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Apple's AI Story Could Be Worth $75 a Share
GuruFocus ·
GuruFocus reports: Apple Inc. (AAPL, Financials), the consumer technology company, could get much more from artificial intelligence than a collection of new software features if Dan Ives is right. The analyst estimates Apple's AI strategy could eventually add about $75 per share to the company's valuation as the technology encourages customers to upgrade devices and spend more on services. Ives, who has an Outperform rating and $400 price target on Apple, believes AI can connect the…