Shares Of Apple Inc. demonstrate good growth in the 2017 financial year. The Corporation may reach capitalization of one trillion very soon.
According to GBH Insights analyst Daniel Ives, a good sale iPhone X and earnings growth of services will ensure Apple’s continued success. All this will help the company to reach the capitalization of one trillion dollars in 2018.
Apple for the first time exceeded the threshold of $ 900 billion November 8, 2017. Since then, the share price has slightly decreased and the current market value of the Corporation is 878 billion dollars.
Ives argues that in 2018 Apple will sell about 258 million iPhone and will exceed a record 231 million sold in 2015. The most popular models can be iPhone X iPhone 8 and iPhone 8 Plus.
Despite the good sales of all devices, the main growth catalyst for Apple in 2018 should be the iPhone X. the cost of the new smartphone starts at $ 999, but most users seem to prefer the more expensive version of the iPhone X with 256 GB of internal memory. In the result, the average price of the iPhone could rise to $ 746 in 2018 compared to $ 666 in the current.
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