Goldman Sachs analyst Michael Ng sees heavy AI emphasis at Apple’s (NASDAQ:AAPL) Worldwide Builders Convention, forecasting developer entry to Apple’s in-house fashions and potential Gemini AI integration on iPhonesechoing Alphabet’s Sundar Pichai comment {that a} mid-2025 Apple partnership may very well be imminent.

Ng, who maintains a Purchase score with a $253 value goal, notes that Apple might want to showcase compelling Apple Intelligence options (assume AI-enhanced Siri, on-screen consciousness and private context slated for late 2025/26) earlier than Wall Avenue totally underwrites AI as a progress lever.

Ng expects Apple to refresh iOS, iPadOS, macOS, watchOS, tvOS and visionOS with standardized interfaces and comfort options, together with public Wi-Fi syncing and AI-driven battery optimization in iOS 19.

He additionally anticipates Apple opening its massive language fashions to third-party builders and enhancing Siri’s capabilities. Whereas AAPL has outperformed the S&P 500 by 12% year-to-date, it slipped 2.31% as we speak as buyers weighed near-term AI proof factors in opposition to lofty expectations.

In contrast with final yr’s WWDC, which centered on lock-screen widgets and privateness upgrades, this yr’s occasion might mark Apple’s most important AI push yetone that rivals Google’s I/O showcase in early Could.

Why It Issues Traders on the lookout for catalysts will gauge whether or not Apple’s AI demos and OS unification translate into tangible developer enthusiasm and, in the end, stronger service-revenue progress amid slowing {hardware} demand.

This text first appeared on GuruFocus.