Apple WWDC 2026: Can Apple Intelligence Spark a Supercycle of Upgrades?
Apple's stock price has been fluctuating around $310.67 on June 5, resting on an ascending trendline support on the 1H timeframe.
The company's Q2 FY2026 earnings released last month shattered expectations with revenue hitting $111.2 billion, a 17% year-over-year gain, and iPhone revenue climbing to $57 billion, a 22% increase.
The strong performance has set the stage for Apple Intelligence announcements at WWDC 2026, which are expected to reveal improved Siri capabilities and deep AI enhancements across iOS and macOS.