Apple is set to be come a $2 trillion company in 2021, with its share-price climbing to $425, according to Investment bank Wedbush who shared a note with investors earlier this week forecasting the growth of APPL.
Lead analyst Daniel Ives suggests Apple has “lots of gas left in the tank,” with this year’s new iPhone lineup expected to significantly help drive the company’s growth thanks to rumors of all four new models offering 5G cellular capabilities, with analysts suggesting 2020 could see a ‘supercycle’ of users upgrading to Apple’s latest models.
Apple became the world’s first trillion-dollar company in 2018 when its stock hit the share price of $207.05.