Apple Stock Expected to Rise 6.23% Following iPhone Duo Launch
ChatGPT, an AI-powered analysis tool, has made predictions about Apple's upcoming iPhone Duo launch. According to ChatGPT, this event is expected to moderately boost Apple stock by approximately 6.23% from its recent close. The target price for Apple stock is set at $335 by October 23, 2026. This prediction takes into account Apple's resilience in the face of a shrinking smartphone market and highlights the iPhone Duo as an interesting new product.
However, ChatGPT also noted that foldable phones may not achieve blockbuster sales due to high prices. Despite Apple's focus on premium 'Pro' devices, the AI tool cautioned against overly optimistic expectations for this new category of smartphones.