Apple's market value will soar to $4 trillion next year! Investment bank Wedbush: Can still increase by another 30%
吾家有受初养成
发表于 2023-12-12 12:44:43
1338
0
0
Dan Ives, a renowned strategist at the US investment bank Wedbush, and his team recently stated that Apple's market value is expected to reach $4 trillion by the end of next year, making it the first company in the US stock market to reach a valuation of $4 trillion.
The bank has raised Apple's target stock price from $240 to $250, which means the company's stock price has increased by 30% from Monday's level of approximately $193.18. Meanwhile, the current market value of the company is approximately $3 trillion.
Ives stated that given estimates of Apple's performance growth rate next year, we believe that by the end of 2024, Apple will become the first company with a market value of $4 trillion. We believe that Apple will have a strong holiday sales season in the coming weeks, and the sales growth of iPhone 15 should exceed Wall Street's expectations for the December quarter.
They estimate that due to strong smartphone upgrade cycles expected in the United States and China, Apple may produce up to 240 million iPhones by 2024. Strategists predict that China alone will generate demand for approximately 100 million new iPhones.
At the same time, the company's revenue from services is also increasing. Wedbush estimates that the value of this part of Apple's business could reach up to $1.6 trillion, which will be a key driving force for Apple's stock price in the near future.
Strategists added that service industry revenue, combined with strong iPhone sales, could be a "golden opportunity" for investors to hold Apple stocks in 2024.
They said, "After we believe a new technology bull market begins, the iPhone business will grow again, and entering 2024, Apple is expected to have a strong year. In short, entering 2024, Apple is in a strong position like the Gibraltar Rock (some call it the 'Hercules' pillar), and Apple will usher in a revival of growth."
For a long time, this investment bank has been optimistic about Apple's stock, especially against the backdrop of a significant rise in large technology stocks in 2023. Wedbush previously estimated that this rebound may continue due to approximately $1 trillion in artificial intelligence spending over the next decade.
CandyLake.com 系信息发布平台,仅提供信息存储空间服务。
声明:该文观点仅代表作者本人,本文不代表CandyLake.com立场,且不构成建议,请谨慎对待。
声明:该文观点仅代表作者本人,本文不代表CandyLake.com立场,且不构成建议,请谨慎对待。
猜你喜欢
- Sales revenue outlook falls short of expectations, Nike's market value evaporates by over 28 billion US dollars
- Zhang Kun and other heavyweights! TSMC's market value exceeded trillions of dollars for the first time
- Announcing price increases and gaining support from major clients. TSMC's market value once exceeded $1 trillion
- The market value of the "Seven Giants" evaporated by $1.1 trillion in five days! Has a major stock market rotation occurred in the United States?
- The 'darkest moment' of the 'seven giants' in the US stock market: $2 trillion market value evaporating, generative AI business difficult to make money
- Investment bank Bernstein raises Meta target price from $575 to $600
- Investment bank TD COWEN lowers Intel's target price from $35 to $25
- AstraZeneca's market value has surpassed £ 200 billion for the first time! The bold bet on anti-cancer drugs is yielding results
- The iPhone 16 will ignite a wave of phone swapping! Wedbush: Apple's market value is expected to reach $4 trillion next year
- soar! The market value of "Seven sisters" has soared by 7 trillion yuan! AI chip giant gains over 22% this week, surpassing Tesla in market value
-
【ゆとりサイクルが始まった!歴史を鑑とする:FED金利調整と大統領選結果には“隠れた関連”があった】データによると、選挙日前に金利が引き上げられた5年間で、大統領やホワイトハウスを支配していた政党が4年連 ...
- 不正经的工程师
- 3 天前
- 支持
- 反对
- 回复
- 收藏
-
【トヨタが米国で約4万2000台のカローラCrossをリコール】トヨタ自動車は当時時間9月20日、2022年6月から2024年9月までに生産された一部のカローラCrossハイブリッド車を安全にリコールしていると発表した。リコー ...
- 伍六三
- 昨天 09:38
- 支持
- 反对
- 回复
- 收藏
-
アイルランドのライアン航空のオリーリ最高経営責任者は現地時間9月14日、最近のボーイング社員のストライキが、2025年夏までにライアン社に納入されるボーイング737 MAX機の数に影響を与える可能性があると述べた ...
- rlf2000
- 昨天 20:49
- 支持
- 反对
- 回复
- 收藏
-
インテルは9月19日、イスラエルの自動運転技術会社Mobileyeの大株主として、ビジネスの将来に自信を持っており、現在、同社の株式の多数を切り離す計画はないと発表した。 ...
- hecgdge4
- 3 天前
- 支持
- 反对
- 回复
- 收藏