Description: “The [iPhone] supercycle — it’s not just hype, it’s reality. And it’s starting to play out,” Wedbush’s Dan Ives told Yahoo Finance. “I believe six to nine months from now we’re looking at a $3 trillion market cap for Apple.”
Source: Yahoo.Finance.com – video report
Date: Jan 28, 2021
Questions for discussion:
- What is the basis for predicting Apple’s future stock price?
- Do you agree with this assessment?
- Would you advise investors to buy, hold or sell Apple at this time?