Financial analysts at Wedbush have consistently been bullish about Apple, but now has raised its target price by a whopping $50 to $400, making its greatest jump in at least the last five years. The new Siri is coming Back in April 2025 when Trump's tariffs first struck, Wedbush did cut its Apple price target $325 down to $250, but that was a rare drop. Now it's made a similarly large increase, taking its price target from the $350 it set in December 2025 , to $400. This is the highest price target ever set for Apple by any investment firm, and in a note to investors seen by AppleInsider , the company's analysts attribute it very much to AI. They believe that what Apple will reveal at WWDC 2026 in June will lead to around a fifth of the entire world's population using AI via Apple devices over the next few years. Continue Reading on AppleInsider | Discuss on our Forums
Instead of complying with an encryption backdoor mandate in the UK, Apple pulled features like Advanced Data Protection. A similar result could occur in Canada if a new bill passes. Apple's stance on encryption remains unchanged Apple won't weaken encryption for any government entity because doing so would allow good guys and bad guys better access to user data. As it argued with the FBI after the San Bernardino shooting, there is no such thing as a backdoor "just for the good guys." Canadian legislators believe that lawful access to encrypted data should be required, which is why Bill C-22 exists. According to a report from Reuters , Apple and Meta are pushing back. Continue Reading on AppleInsider | Discuss on our Forums