Stocks

Apple shares at a historic high despite reports of a drop in the iPhone 13

Apple’s (AAPL) shares rose 3.54% to a new historical price high of $171.18 per share. At the same time, the market capitalization of the most expensive company globally has exceeded $2.84 trillion, which brings Apple closer to a new valuation milestone of $3 trillion.

Apple shares have grown by 29%, growth since the inception of 2020 (by the close of trading on December 11) was more than 130%. Trading signals and forecasts for Apple shares.

The authoritative Nikkei Asia publication, citing interviews with more than 20 industry executives, reported that.

Apple will not fulfill production plans for this holiday season due to temporary suspensions of iPhone and iPad assembly at some factories in early October due to a shortage of components. During this period, Apple products with additional shifts due to increased demand during the holiday season.

According to Nikkei, failures related to COVID-19 at component manufacturing plants in Vietnam and Malaysia have exacerbated the problems.

Apple will not achieve its goal of releasing 90 million iPhone 13 devices in the last three months of the year and will not receive billions of dollars in revenue. Instead, Nikkei expects the number to be around 83 to 85 million units.

Earlier, Bloomberg News reported that Apple has already reduced its iPhone 13 production plan by 10 million units for this year. Apple has warned its suppliers about a potential drop in demand for the iPhone 13.”

Analytical firms also expressed that Apple’s production problems will continue in 2022.

CEO Tim Cook said product supply restrictions had reduced Apple’s sales in 4 fins. In the quarter (ended September 30) by approximately $6 billion.

Despite supply problems and general market concern about a potential tightening of Fed policy, investors and Wall Street analysts view Apple shares as “one of the best picks” to date due to expectations of the launch of new products.

Во вторник акции Apple подскочили на фоне прогноза цены в $200 от аналитика Morgan Stanley Кэти Хуберт (предыдущая ее оценка составляла $164).
Аналитик указала на то, что компания входит в такие новые области, как сектор дополненной реальности и беспилотных авто.

Huberty’s analysis shows that the AR/VR product could bring Apple revenue of $29 billion by 2026. For comparison, the company received a payment of $20 billion in the first year after the iPad launch.

According to her estimates, over the past five years, about 6% of Apple’s revenue on average comes from products or services that did not exist five years ago.

According to Huberty, another positive aspect of the shares is the growth of the company’s revenue in the services segment. Although investors were skeptical about Apple’s ability to monetize services five years ago, now this segment brings in almost $70 billion. The analyst noted that per year, having doubled in the last four years.

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