Apple Poised for 29% EPS Gain from AI as WWDC Begins; SpaceX IPO Hype Threatens Outflows
AAPL•Bernstein forecasts Apple could boost EPS by 13% via faster device replacements and 16% from a premium AI tier, with its WWDC keynote on June 8 unveiling Siri enhancements and on-device processing improvements. Jim Cramer warns investor enthusiasm for a potential $4 trillion SpaceX IPO may trigger fund flows out of Apple.
1. AI-Driven EPS Growth
Bernstein projects Apple could see approximately 13% EPS upside from accelerated device replacement cycles driven by AI-enabled products, plus an extra 16% boost from introducing a premium Apple Intelligence tier with enhanced AI features.
2. WWDC 2026 Preview
WWDC 2026 runs June 8–12, with the June 8 keynote unveiling an AI-enhanced Siri platform powered by Google Gemini technology, new developer frameworks for deeper third-party integration and expanded on-device AI processing aimed at preserving performance and privacy.
3. SpaceX IPO Rotation Risk
Jim Cramer warns that investor excitement over a potential $4 trillion SpaceX IPO and S&P 500 inclusion may prompt portfolio reallocations away from established tech giants, potentially driving outflows from Apple shares.
