Reported about 23 hours ago
Analyst Daniel Ives from Wedbush has issued a bold forecast for Apple, suggesting the company's stock could reach $300, potentially valuing Apple at a $4 trillion market cap by early 2025. The optimism is fueled by the successful launch of the iPhone 16 and the expectations surrounding Apple's artificial intelligence advancements. iPhone sales are rebounding, with predictions of record units sold, as Apple aims to leverage its substantial installed base and AI capabilities for future growth.
Source: YAHOO