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  • 7 hours ago
Dan Ives said Apple’s partnership with Meta could add $75 per share through AI monetization. He sees Apple’s device ecosystem positioning the company for a larger role in consumer AI.

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00:00It's Benzinga bringing Wall Street to Main Street.
00:02Apple and Meta announced a partnership bringing Meta's MuseSpark open model to Mac computers.
00:08Yorkville Ives analyst Dan Ives told CNBC that the collaboration could add $75 per share to Apple's stock value through
00:15AI monetization.
00:16Speaking to CNBC, Ives called the deal the beginning of what could become a massive collaboration between the companies.
00:23Ives projected that Apple's hardware footprint of 1.5 billion iPhones and 2.5 billion iOS devices will position the
00:31company as a major player in consumer AI.
00:33He projected that 20% of consumers worldwide will eventually access AI through Apple devices.
00:39Ives estimated that Apple's hardware ecosystem and CEO John Turnus' leadership could add $75 per share in value through AI
00:46monetization.
00:47For all things money, visit Benzinga.com.

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