Apple WWDC 2025: What to expect from iPhone maker's event
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Apple (AAPL) will be kicking off its 2025 Worldwide Developers Conference (WWDC) this Monday, June 9, in Cupertino, California. Lasting until June 13, Wall Street is expecting the event to showcase the next phase in the iPhone maker's Apple Intelligence features.
Wedbush Securities managing director and global head of technology research Dan Ives comments on what to expect from Apple on the AI front and former Apple designer Jony Ive's team-up with OpenAI.
Also catch Ives weigh in on Elon Musk's full-time return as the CEO of Tesla (TSLA).
To watch more expert insights and analysis on the latest market action, check out more Market Domination here.
I also want to get your thoughts on another big name you cover which is Apple. Their big software show, WWDC that kicks off next Monday, Dan. What do you expect to hear at that show, Dan? What do you want to hear?
Yeah, look and you know it so well Josh in terms of Apple. Um, what we expect to hear is laying out the framework and the guardrails and the vision for developers for the AI strategy. And if you go back to a year ago obviously there were definitely lots of speed bumps to where we are today. It's given the developers what the roadmap and the framework is when you look at next year. That's the most important thing. It's the heart and lungs of Apple. Look, Apple obviously is caught you know in tariff sort of storm here. But to me, I mean that doesn't change my medium or long-term view of Apple. I mean, you still have best installed base in the world. 2.4 billion iOS devices, 1.5 billion iPhones, and the developer network that continues to be, I mean, that's who Cook's talking to next week. And I think that's important because the consumer AI revolution goes to Cupertino. The enterprise AI revolution goes to Nvidia, Palantir, and obviously others. Consumer AI revolution goes to Cupertino in my opinion.
And so let me ask you, Dan, 'cause I don't think I got your take on this. When you heard by the way that Sam Altman and OpenAI were buying one of Johnny Ive's startups, Johnny Ive legendary of course, Apple design guru. How much of it all do you consider that a threat to Apple?
So I don't view, look, I don't view it as a threat, I just view it as the stronger are going to continue to get stronger. Big tech, I mean, no look, even though I open AI obviously partners with Apple. I mean, when you think about no, no one is going to just sit here on the treadmill. Everyone's going to look to acquire because it's an arms race, the fourth Industrial Revolution. I don't view that as competitive, but it speaks to Altman, OpenAI, they're not just going to look at where they are today, how they get stronger. Alphabet's doing the same thing. Microsoft as well, and I think Apple, this is a key moment for them to basically say, don't forget about us when it comes to AI.
