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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