Demand for the iPhone 12 could help Apple reach a $ 3T valuation by the end of 2021

The high popularity and sales of the iPhone 12 will continue throughout 2021, according to Wedbush’s analysis, a factor that could give Apple a market cap in excess of $ 3 trillion by the end of the year.

The iPhone 12 is at the heart of what analysts would call a “super cycle,” 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 Wall Street believes it is anticipating.

Wedbush analysts Daviel Ives and Strecker Backe believe “based on current trajectory and in a bullish case”, Apple could sell “north of 240 million units”, with the potential to reach a …

Read more from source
Copyright @ appleinsider.com

News Highlights

  • According to this source Demand for the iPhone 12 could help Apple reach a $ 3T valuation by the end of 2021
  • Check the more updates related to Apple Tips and Apple news now.

I hope you love this news please Share your love by following us on Facebook and Twitter for the latest apple news informationon and updates like Demand for the iPhone 12 could help Apple reach a $ 3T valuation by the end of 2021

from our channels.

We will be happy to hear your thoughts

      Leave a Reply

      AppleiPhonestop - Apple iPhone News and Rumours All Day
      Logo
      Enable registration in settings - general
      Compare items
      • Laptops (0)
      Compare
      0