Apple Could Be the ‘Toll Collector' of Consumer AI. Dan Ives Sees $75 More Per Share

Apple Inc. (NASDAQ:AAPL) may not need to build the world's best AI model to become one of the biggest financial beneficiaries of consumer AI. In a Yorkville Ives' note, Dan Ives argues that Apple's real advantage is sitting between AI and more than 2.5 billion active devices — creating a potential toll road that could turn Apple Intelligence into a new Services growth engine.