Wedbush Is Betting That This June Will Be a Huge Month for Apple. Should You Buy AAPL Stock First?

Wall Street firm Wedbush has sounded another voice of optimism for Apple (AAPL). This time, the reason is the company's upcoming developers conference (WWDC) in June. In a note to clients, the firm hinted that with an array of new products already under development or set for launch soon, Apple is positioned well to see a meaningful surge in revenues.

The firm said, “We note that the company is likely in the later stages of developing its foldable phone, iPhone Fold, based on supply chain checks, which is rumored to launch later this year alongside the iPhone 18 launch in September, adding an additional catalyst to its hardware revenue. We also note that the company continues to fuel its innovation engine with more Mac products expected to hit Apple’s stores with many rumors circulating around a touchscreen MacBook to allow developers to improve app testing and functionalities.”