This question came up when I was trying to understand Lemma 2.2.9 in Barnes & Rotzheim, which states that for any set of (sequential) spectra $X_i$, the natural map $$\bigoplus_i\pi_n(X_i)\to\pi_n\left(\bigvee_iX_i\right)$$ is an isomorphism.
If the $X_i$'s are CW-spectra (the case treated in this question), I can see that this follows from Hilton's theorem. I expect that the general case follows from this by some argument using CW approximation, but I cannot figure out the details, the main difficulty being that wedge sum does not preserve weak homotopy equivalences (counterexample).
However, since the homotopy groups of a spectrum can be alternatively defined as the colimit of the stable homotopy groups at each level, we only need the stable homotopy groups to be preserved. Is that true? If not, how can we prove the lemma for general spectra? (Barnes & Roitzheim assume that the spaces are CGWH, if that matters)
In the homotopy category of spectra, the wedge is the coproduct operation (see for example, Adams' blue book, part III, discussion between Lemma 3.8 and Proposition 3.9; p. 172 in the linked version). Furthermore, the sphere object is small, meaning that mapping out of it commutes with coproducts — this is essentially because the sphere is compact as a topological space. Therefore we get $$ \pi_n\left(\bigvee X_i\right) = [S^n, \bigvee X_i] \cong \bigoplus [S^n, X_i] = \bigoplus \pi_n (X_i). $$ See also Margolis, Spectra and the Steenrod Algebra, chapter 2, where he verifies his axioms for spectra: existence of coproducts (p. 28) and smallness of the sphere object (p. 31).