iPhone 12 demand could help Apple reach $3T valuation by end of 2021 - AAPL Investors Discussions on AppleInsider Forums
The high popularity and sales of the iPhone 12 will continue throughout 2021, according to analysis by Wedbush, a factor that could give Apple a market capitalization in excess of $3 trillion by the end of the year. The iPhone 12 is in the midst of what analysts would refer to as a "supercycle," with Apple enjoying high sales of its latest smartphones. In a note to investors seen by AppleInsider, Wedbush thinks Apple will do better this year than what it believes Wall Street is anticipating. Wedbush analysts Daviel Ives and Strecker Backe reckon "based on the current tr...
Source: appleinsider.com