Apple wey dem dey see as slow starter for artificial intelligence race fit soon become big winner. According to Bank of America analyst Wamsi Mohan, di company get strong advantage wey go help am for AI market.
Mohan tok say Apple control over im own ecosystem — from silicon to operating system — give am wetin dem call “agentic AI moat.” Dis mean say Apple fit control user intent, personal context, app access, permissions, identity, authentication, payments, and trust for di AI world.
Di analyst write say “in an agentic world, value dey go to di platform wey control user intent, personal context, app access, permissions, identity, authentication, payments, and trust.” He add say di smartphone na di scaled consumer device where all these factors already dey together.
Mohan maintain Buy rating on Apple stock and raise price target to $380 from $330. Dis show say im get confidence for di company future for AI.
AI agents na digital helpers wey fit do tasks on your behalf. Dem dey powered by large language models and fit arrange files, scan email, or pull information from web. So far, dis technology don help push chip stocks up as data center builders dey buy GPUs and CPUs to run millions of agents.
Mohan believe say Apple go benefit from dis technology because iPhone serve as secure point for users to interact with agents. He write say “Apple no need to own di best frontier model if e own di trusted interface wey dey route intent across local models, Apple-controlled cloud models, external models, and app actions.”
To reach there, Mohan say Apple need to improve iPhone onboard AI capabilities with more powerful processors and turn Siri into AI agent. Apple go debut new version of Siri during WWDC event on June 8.
Meanwhile, one Apple device don already dey dominate AI agent space: di Mac. Mac Mini and Mac Studio desktops dey sell out worldwide because of low starting prices and support for platforms like OpenClaw.
During Apple Q2 earnings call, CEO Tim Cook tok about AI impact on Mac sales. He say “di Mac Mini and di Mac Studio na amazing platforms for AI and agentic tools, and customer recognition dey happen faster than we predicted. So we see higher-than-expected demand.” Cook add say dem think say Mac Mini and Mac Studio fit take several months to reach supply-demand balance.
