On Monday, Apple held its autumn product launch event and unveiled the highly anticipated iPhone 16 series - Apple's first artificial intelligence (AI) phone. Although evaluations have shown that the iPhone 16, which is equipped with AI capabilities, has made many mistakes, disappointing some Wall Street analysts, Wedbush, a well-known American investment bank and a long-time bull of Apple, still has high hopes for the iPhone 16 and Apple's stock price prospects. Wedbush believes that the Apple iPhone 16 will help the company's market value reach $4 trillion by 2025.