Where Will Apple Stock Be in 3 Years?
It's hard to overstate how great of an investment Apple (NASDAQ: AAPL) has been. The stock's 52% trailing-three-year return crushes the 18% gain of the Nasdaq Composite. And if we zoom out even further, the tech giant's shares have climbed at an even more impressive clip.
But while looking at past data can show us previous winners, investors care about what the future holds. With our eyes set on the next three years, what are the prospects for this FAANG stock?
The iPhone needs no introduction. Apple's flagship product represented nearly half of companywide sales in the most recent quarter (the Q3 2023, ended July 1). With the recent launch of the latest upgrade cycle, these smartphones could be an even more important contributor when Apple reports its fourth-quarter financials on Nov. 2.
Source Fool.com
Apple Inc. Stock
Currently there is a rather positive sentiment for Apple Inc. with 73 Buy predictions and 7 Sell predictions.
With a target price of 280 € there is a slightly positive potential of 5.94% for Apple Inc. compared to the current price of 264.3 €.
