Apple Executive Warns of Catastrophe and Proposes Solutions
Apple's AI Challenges: Dan Ives' Critique and Optimism
In a recent interview, Dan Ives, a renowned Wedbush analyst who was once known for his bullish stance on Apple, expressed his criticism towards the tech giant's shortcomings in the AI sector. The focus of the interview was on Apple's struggles in this area, and Ives offered a potential solution.
Despite Ives' critiques, Apple's stock is still broadly considered a buy by several leading analysts. For instance, as of late August 2025, Dan Ives maintains an "Outperform" rating on Apple with a price target of $270, reflecting optimism about Apple's earnings potential despite the AI sector challenges.
Wamsi Mohan of B of A Securities also reiterated a "Buy" rating with a $250 price target, showing confidence in Apple's stock performance and stability. Other analysts, including Gil Luria from DA Davidson and Atif Malik from Citigroup, also maintain "Buy" ratings with targets in the $245-$250 range.
The consensus from 44 Wall Street analysts is a "Buy" overall, with a mean 12-month price target around $233, suggesting roughly 8-9% upside potential despite some concerns with iPhone sales and AI-related developments.
While Apple's stock price has underperformed some peers in the AI-driven tech sector and has remained below its all-time high of about $260 from December 2024, it still enjoys strong analyst backing based on diversified revenue streams and anticipated growth in services and wearables.
Therefore, despite Ives' criticism, his own stance remains positive, and the broader analyst community still views Apple as a buy, although some acknowledge short-term challenges and modest valuation upside.
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- Dan Ives, despite his criticism towards Apple's AI sector challenges, still maintains an "Outperform" rating on Apple with a price target of $270, showing optimism about Apple's earning potential.
- Wamsi Mohan of B of A Securities and other analysts like Gil Luria from DA Davidson and Atif Malik from Citigroup also maintain "Buy" ratings on Apple with targets in the $245-$250 range, indicating confidence in Apple's stock performance.
- In the stock-market, technology companies focusing on artificial-intelligence might outperform Apple in specific periods, but the broader analyst community still sees Apple as a worthwhile investment due to its diversified revenue streams and anticipated growth in services and wearables.
