Apple shares climbed more than 2% on Wednesday, boosted by a U.S.-Iran ceasefire agreement and optimistic commentary from Wedbush Securities regarding strong Mac demand.
GuruFocus:
Wedbush analyst Matt Bryson said extended lead times for the Mac mini and Mac Studio reflect strong demand. Lead times for the Mac mini have stretched to at least four weeks, with some configurations requiring two to three months. The more expensive Mac Studio shows wait times of two to three weeks, and in some cases more than a month, the note showed.
The strength is notable as overall PC shipments appear to be slumping due to higher memory costs.
Bryson also believes Apple may gain share in its core handset market, as the company does not appear to be reducing builds unlike many peers. Some analysts attribute Mac mini demand to OpenClaw, a popular open-source project for running agentic AI tasks locally on a machine.
MacDailyNews Take: Wedbush Securities (led by analyst Dan Ives) currently maintains an Outperform or “Buy” rating on Apple with a $350 price target.
Apple should sell a plug-and-play AI agent based on its Mac mini… Imagine a product Apple is uniquely positioned to create: a dedicated agentic AI device — let’s call it the Apple Agent for now — that normal humans can plug in, set up in under five minutes with their iPhone, and immediately start using as a true personal assistant that does things on their behalf…
The company that made technology invisible and delightful for billions could do the same for agentic AI. A true personal agent that works for everyone, not just the people who know how to install OpenClaw on a Mac mini. – SteveJack, MacDailyNews, February 24, 2026
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Apple shares rise on strong Mac demand, bullish Wedbush commentary
Mac Neo record sales
Tim the share price is going no where? Why not? The good news above!
One word INNOVATION you just don’t get it! Not TV series not movies INNOVATION!
Its a tech company not Dell a company that assembles PCS.
Tim Please leave and hand over to some one who understands the world and will act to implement it
Decrying Dell for no innovation–which is the element for share price gain–is rational, but look at what the “no innovator’s” stock has done in the last yr. Dismissing today’s drop, Dell has risen more than 100%. AAPL = almost half that.
It’s worth noting Dell supplies many of the the picks and shovels for the AI surge. AAPL does too and could capitalize more-so, IF the Titan-mindset reemerges and AAPL figures out (innovates) how to serve the consumer sector of the AI push.
The fact that uncertainty (in this long-time consumer) exists DOES show how wobbly Cook’s AAPL has become.