--- title: "Investment bank Wedbush: The foldable iPhone leads Apple into a year of hardware innovation, maintaining an \"Outperform\" rating" type: "News" locale: "en" url: "https://longbridge.com/en/news/280802255.md" description: "Investment bank Wedbush Securities maintains its \"Outperform\" rating on Apple ahead of the annual Worldwide Developers Conference (WWDC26), with a target price of $350. Analysts point out that 2026 will be a \"significant\" year for Apple product launches, with the foldable iPhone Fold expected to be released later this year, driving hardware revenue growth. Additionally, Apple will introduce more Mac products to promote innovation. Recently launched products include the iPhone 17e, the new iPad Air, and the MacBook series" datetime: "2026-03-27T13:40:09.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/280802255.md) - [en](https://longbridge.com/en/news/280802255.md) - [zh-HK](https://longbridge.com/zh-HK/news/280802255.md) --- > Supported Languages: [简体中文](https://longbridge.com/zh-CN/news/280802255.md) | [繁體中文](https://longbridge.com/zh-HK/news/280802255.md) # Investment bank Wedbush: The foldable iPhone leads Apple into a year of hardware innovation, maintaining an "Outperform" rating According to the Zhitong Finance APP, investment bank Wedbush Securities stated before Apple's (AAPL.US) annual Worldwide Developers Conference (WWDC26) that 2026 is becoming a "significant" year for product launches. The analysts at the firm noted, "Apple has been committed to launching new products to capitalize on the growing market demand for hardware devices with AI capabilities. This includes the series of new products released earlier this month, which feature stronger processing power and larger memory, aimed at preparing Cupertino for the upcoming AI era." The analysts pointed out, "We have observed that, according to supply chain investigations, the company may be in the late stages of developing the foldable smartphone iPhone Fold. It is rumored that this model will be launched later this year alongside the iPhone 18 in September, which will provide an additional catalyst for its hardware revenue. We also note that the company continues to drive its innovation engine with more upcoming Mac products, with widespread market rumors suggesting that a touchscreen MacBook will be released to facilitate developers in improving application testing and functionality." **The firm maintains an "Outperform" rating on Apple, with a target price of $350.** Recently, Apple has released the iPhone 17e, new iPad Air, new MacBook Air, MacBook Pro, new Studio Display monitor, MacBook Neo, and the recent AirPods Max 2. Considering the recent news surrounding Siri, Wedbush expects this year's WWDC to be highly anticipated. The analysts wrote, "Since the 2025 WWDC performed poorly after the release of 'Liquid Glass' and did not update AI dynamics, Apple is expected to delve into AI progress in June. After delaying this core release last year, Cupertino needs to deliver a successful AI strategy. We expect Apple to discuss integration with Gemini, specifically how Google will power its underlying foundational model, which relates to Apple's AI services, including a personalized Siri with better personal context and screen awareness capabilities." The Worldwide Developers Conference (WWDC) is scheduled to be held from June 8 to June 12, with the keynote address kicking off at 1 PM Eastern Time on June 8 ### Related Stocks - [Apple Inc. (AAPL.US)](https://longbridge.com/en/quote/AAPL.US.md) - [GraniteShares 2x Long AAPL Daily ETF (AAPB.US)](https://longbridge.com/en/quote/AAPB.US.md) - [Direxion Daily AAPL Bull 2X Shares (AAPU.US)](https://longbridge.com/en/quote/AAPU.US.md) - [iShares Expanded Tech-Software Sect ETF (IGV.US)](https://longbridge.com/en/quote/IGV.US.md) - [State StreetSPDRS&PSftwr&SvcsETF (XSW.US)](https://longbridge.com/en/quote/XSW.US.md) - [T-Rex 2X Long Apple Daily Target ETF (AAPX.US)](https://longbridge.com/en/quote/AAPX.US.md) - [Direxion Daily AAPL Bear 1X Shares (AAPD.US)](https://longbridge.com/en/quote/AAPD.US.md) - [Kurv Yield Premium Str Apple ETF (AAPY.US)](https://longbridge.com/en/quote/AAPY.US.md) - [YieldMax AAPL Option Income Strategy ETF (APLY.US)](https://longbridge.com/en/quote/APLY.US.md) ## Related News & Research - [01:00 ETBANDSINTOWN ERWEITERT MIT DER VERÖFFENTLICHUNG VON IOS 26.4 DIE KONZERTLISTEN AUF APPLE MUSIC](https://longbridge.com/en/news/281124954.md) - [Apple Intelligence briefly appears in Chinese mainland before withdrawal](https://longbridge.com/en/news/281116116.md) - [Baker Tilly Wealth Management LLC Has $7.69 Million Stock Holdings in Apple Inc. $AAPL](https://longbridge.com/en/news/280900022.md) - [Park Place Capital Corp Sells 2,031 Shares of Apple Inc. $AAPL](https://longbridge.com/en/news/280989201.md) - [iPhone Maker Apple Celebrates Its 50th Anniversary](https://longbridge.com/en/news/281373049.md)