Apple shares remain in the spotlight ahead of WWDC 2026, scheduled for June 8–12. Investors are expecting a major Siri upgrade and further expansion of the Apple Intelligence platform following criticism that the company has fallen behind in the AI race. According to recent leaks, Apple is preparing a next-generation Siri featuring contextual interaction, deeper app integration, and chatbot-style functionality.

The market views the upcoming WWDC event as one of the key catalysts for AAPL in the coming months.
Services business and iPhone sales continue to support financial performance
Apple’s latest quarterly earnings report came in stronger than market expectations. Revenue increased by approximately 17% year-over-year, driven by strong demand for the iPhone 17, particularly in China, while the services segment once again reached record revenue levels. Analysts note that the combination of AI expectations, resilient cash flow, and the continued growth of Apple’s services ecosystem is helping AAPL maintain leadership among major technology companies. At the same time, investors are closely watching whether Apple can turn AI upgrades into a new device upgrade cycle.
Competitive and supply chain pressures remain elevated
Despite the positive sentiment, risks for Apple remain significant. The company continues to face intensifying competition from Microsoft, Google, and OpenAI in the artificial intelligence space. At the same time, Apple is accelerating supply chain diversification and reducing its dependence on China by expanding manufacturing operations in India and the United States. Recently, Apple also announced new initiatives aimed at integrating AI into U.S.-based manufacturing supply chains, highlighting the company’s broader strategic shift toward AI infrastructure.
Technical outlook and near-term scenario
Technically, AAPL maintains a solid upward trend following the strong reaction to earnings and growing WWDC expectations. Immediate resistance is located in the $305–310 range, while key support stands around $290–285. As long as the market remains optimistic about Apple’s AI initiatives and the new iPhone cycle, the stock is likely to maintain its bullish structure.
However, any signs of delays in AI features or weaker iPhone demand signals, as previously mentioned in Apple strengthens AI focus ahead of WWDC 2026, could trigger a deeper correction across the technology sector.
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