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Apple To Reach A $4 Trillion Market Capitalization By The End Of 2024 Based On Its Current Growth, Predict Analysts

NewsTech

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Apple to reach a $4 trillion market capitalization in 2024

Apple’s market capitalization recently crossed the $3 trillion threshold, and despite generating a lower revenue in fiscal 2023 compared to the previous period, analysts appear optimistic about the company’s future. The Cupertino firm is also expected to enjoy a solid holiday quarter, and next year, its entry into the mixed-reality headset market, paired with other reasons, makes those analysts believe that Apple will reach a market capitalization of $4 trillion by the end of next year. Analysts also believe that Apple’s Services division will be valued between $1.5 and $1.6 trillion There appears to be no sign of an iPhone […]

Read full article at https://wccftech.com/apple-to-reach-4-trillion-market-capitalization-by-end-of-2024/

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