Reported about 2 months ago
Apple, currently valued at nearly $3.3 trillion, is projected to reach a $4 trillion market cap in 2024, driven by the introduction of AI-enhanced iPhones and a forecasted increase in sales. Analysts anticipate a new upgrade cycle initiated by the upcoming iPhone launch, which could boost unit sales significantly. Additionally, Apple's strong partnership with TSMC suggests robust chip supply for its next-gen devices, positioning the company for substantial growth that may exceed market expectations.
Source: YAHOO