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Technology Apple could be the first $2 trillion company by the end of 2021, analyst predicts

03:00  15 january  2020
03:00  15 january  2020 Source:   bgr.com

Apple may be planning a big change to its iPhone launches after the iPhone 12

  Apple may be planning a big change to its iPhone launches after the iPhone 12 Apple may be planning a major shakeup of its normal iPhone release schedule, according to a JP Morgan analyst who predicts the company will soon start introducing new models twice a year instead of once, in the fall. That analyst, Samik Chatterjee, is out with a new report which forecasts that after Apple launches four new iPhone models next year -- including a 5.4-inch model, two 6.1-inch models, and a 6.7-inch iPhone -- Apple will switch to aThat analyst, Samik Chatterjee, is out with a new report which forecasts that after Apple launches four new iPhone models next year — including a 5.4-inch model, two 6.1-inch models, and a 6.7-inch iPhone — Apple will switch to a spring and fall release schedule starting in 2021.

Apple could be a $ 2 trillion by the end of 2021 , analyst Dan Ives of Wedbush claims. “We believe by the end of 2021 Apple has potential to be the first $ 2 trillion valuation given the 5G tailwinds and services momentum potential over the coming years,” Ives wrote in a recent research note to clients.

Apple could be a $ 2 trillion company by the end of next year, one really bullish analyst says. Wedbush's tech analyst Dan Ives believes Apple has the potential to be the first company to The longtime tech analyst also predicted Apple 's services business to reach 0 billion to 0 billion in

This year is going to be another busy one for Apple, with everything from 5G support coming to the new iPhone 12 series, as well as a continued push by Apple to grow other non-iPhone components of its business like Apple Card and Apple TV+. Along those lines, not only has Apple for some time now boasted that its services business alone is about the size of a Fortune 100 company — Apple senior vice president Eddy Cue said 2019 was the biggest year for the company’s services business yet, with iOS customers having spent a record $1.42 billion on apps between Christmas Eve and New Year’s Eve alone.

Tim Cook et al. standing in front of a mirror posing for the camera© Provided by BGR tim cook

All of that is fueling a new super-bullish prediction from Wedbush analyst Dan Ives about Apple — already the biggest US company based on market capitalization — that the iPhone maker could very well be the first company to hit a $2 trillion market cap by the end of next year.

Apple may ditch the Lightning port on a 2021 iPhone

  Apple may ditch the Lightning port on a 2021 iPhone Analyst Ming-Chi Kuo is known for his frequently accurate Apple predictions based at least in part on supply channel connections and if he's on the mark this time, he might raise some eyebrows. Kuo has claimed that the "highest-end" 2021 iPhone will ditch the Lightning port in favor of a "completely wireless experience." While there have been portless concept phones before, this might be one of the first production devices (certainly the first iPhone) to go without any cables.It's not clear just how you'd charge an iPhone like this.

Wedbush predicts a further rally for Apple ’s stock fueled by 5G and services. That’s according to Wedbush analyst Daniel Ives, who reiterated his 0 “bull case” by year end in a late Monday note to clients while arguing that the company could be the first to achieve a $ 2 trillion valuation by the

In a note released Tuesday, Wedbush analyst Dan Ives argues that Apple could be the first company to hit a $ 2 trillion valuation by the end of 2021 . Yahoo Finance Tech Editor Dan Howley joins The Final Round to discuss the note, and what's next for the iPhone maker in 2020.

“We believe by the end of 2021 Apple has potential to be the first $2 trillion valuation given the 5G tailwinds and services momentum potential over the coming years,” Ives wrote in an analyst note published on Monday. He’s also described the past year as the start of a “transformational 5G super-cycle” for Apple, which he estimates will see its services business explode to between $500 billion and $650 billion in sales.

CNBC has noted that Ives is one of the biggest Apple bulls on Wall Street, but that didn’t stop UBS from boosting its price target on Apple shares Tuesday from  $280 to $355.

Apple will reportedly release an iPhone without any ports in 2021

  Apple will reportedly release an iPhone without any ports in 2021 Apple analyst Ming-Chi Kuo predicts the next two years of iPhonesThe change would be a big one for Apple, which has relied on the Lightning port for all of its phones since it was first introduced on the iPhone 5 in 2013. And while modern-day iPhones are certainly less reliant on physically syncing data, going to a fully wireless model would have huge ramifications across the tech industry, with everything from charging cable companies to headphone manufacturers being impacted.

Apple Inc. ( AAPL ) - Get Report could be worth as much as $ 2 trillion by the end of next year, analysts at Wedbush said Tuesday, arguing that an Looking out further, we believe by the end of 2021 Apple has potential to be the first $ 2 trillion valuation given the 5G tailwinds and services

"Looking out further, we believe by the end of 2021 Apple has potential to be the first $ 2 trillion valuation given the 5G tailwinds and services momentum potential over the coming years Wedbush's 12-month price target for AAPL is 0, but 0 is the bull case and could be hit by the end of 2020.

UBS’ latest smartphone survey data reveals that almost a quarter of respondents are excited about the advent of 5G support for iPhones, and that “purchase intent” for iPhones keeps getting better in multiple regions around the world. In fiscal year 2020, UBS is estimating iPhone sales to hit 196 million — 5% improvement, year-over-year.

We’re still months away from new iPhones being officially revealed, but we’re already getting a taste of how much busier Apple will be along these lines in 2020. For example, as we noted earlier this month, sources within Taiwan’s handset supply chain report that Apple may launch as many as six iPhones this year — four OLED and two LCD models.

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Apple’s fastest iPhone 5G models may not arrive until 2021 .
It's no secret that Apple this year is planning to introduce a 5G enabled iPhone for the first time. And though other handset manufacturers were able to beat Apple to market with 5G devices, it hasn't proven to be much of an issue given that 5G coverage still leaves a lot to be desired. By the time Apple introduces the iPhone 5G later this year, it stands to reason that 5G coverage will be significantly more expansive and 5G smartphones will, in turn, be that much more compelling.

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