The iPhone 12 series has been in high demand since its release. Analyzes show that thanks to this demand, Apple can have a market value of $ 3 trillion before the year ends.
Apple continues to win with the iPhone 12 series. The company has reached successful sales figures with the new series and the interest in the series continues. With a current market value of more than $ 2 trillion, Apple will have a market value of over $ 3 trillion by the end of the year, according to Wedbush analysts. Analysts say iPhone 12 demand in the Asian market will be the key factor in this success.
Record wins can be achieved with the super cycle
Wedbush analysts Daviel Ives and Strecker Backe say higher-than-estimates are possible, and the iPhone 12 series can create a ‘super loop’, taking into account the current sales numbers of the iPhone 12. Analysts say it is possible for Apple to reach a market value of $ 3 trillion by the end of the year.
According to their analysis, if the increase in demand continues, Apple could reach more than 240 million sales numbers. Not only will this be higher than Wall Street predicted, with sales of 220 million units, it will also surpass Apple’s previous record of 231 million units in 2015. China sales will be a key point for Apple’s super cycle, according to Wedbush reports. .
Apple’s ever-growing Services division continues to bring good amounts of money to the company. According to the last quarter data, it is shown as the most money-earning unit after iPhone sales with $ 15.76 billion. Still, Wedbush cites iPhone sales as the most important factor in Apple’s growth.