Daniel Loeb, CEO of Third Point, sees potential for significant growth in Apple shares driven by increasing demand for artificial intelligence (AI). The company recently unveiled its AI initiative, “Apple Intelligence,” aimed at enhancing Siri and automating tasks like email and image creation. Initial features will be limited, but expansions are planned for the upcoming year. Apple’s strong financial performance for the September quarter includes earnings of $1.40 per share and record revenue of $85.78 billion. While the iPhone remains the largest revenue source, the iPad segment has shown notable growth. Analysts are bullish, raising price targets for Apple shares, anticipating a positive impact from AI innovations.