"Although the denial of a stay is a headwind for Apple, we continue to believe the magnitude of impact is likely to be materially lower than currently being feared by investors." — Analyst Samik Chatterjee

Read More J.P. Morgan: 'Only modest headwinds' from denial of Apple's Epic appeal

"There will also likely be some other minor AI announcements, but nothing that will change the popular narrative that 'Apple is behind on AI.' We continue to think this narrative underestimates Apple’s strategy." — Analyst Amit Daryanani

Read More Evercore expects Apple to deliver a low-key WWDC