While most of the conversation regarding digital safety for children has been centered on large apps such as Instagram and TikTok, Apple is an emerging target for digital-safety advocates and lawmakers with its enormously profitable App Store.

Read More WSJ: Child safety advocates target Apple

"We believe many bears and long time Apple naysayers that have missed the last $1 trillion+ upward move in market cap for Apple have miscalculated three very important dynamics of the Apple story."

Read More Daniel Ives: Apple on track to hit $4 trillion by early 2025