Forget the iPhone X, Apple May Be Looking Ahead to This
There's lots of buzz around Apple's (NASDAQ: AAPL) new iPhone X right now, and there should be. The device has an amazing edge-to-edge display, is powered by a new A11 Bionic neural engine chip that can perform 600 billion operations a second, and users can unlock the device by just looking at it.
iPhone sales are responsible for about 60% of Apple's top line (it varies by quarter), but it's inevitable that there will come a time when smartphones are no longer its most important devices. That's just how technology works. The iPod superseded Apple's computers as its biggest revenue driver; then the iPhone took the iPod's place. At some point, another Apple device will come along and take the lead.
Image source: Apple.
Source: Fool.com
Apple Inc. Stock
€198.52
-0.460%
Currently there is a rather positive sentiment for Apple Inc. with 90 Buy predictions and 6 Sell predictions.
With a target price of 202 € there is a slightly positive potential of 1.75% for Apple Inc. compared to the current price of 198.52 €.
