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Technology Stocks : Apple Inc.

AAPL 270.82

-1.0%

Dec 22 3:59 PM EST

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From: NAG1	8/13/2023 2:10:13 PM
	of 213177

Dan Ives feels Apple will be at 3.5 trillion market cap August 2024 youtube.com I think he is overly optimistic but he has always been overly optimistic when it comes to Apple. Honestly, I would be happy with just being back at a 3T market cap but even that may be optimistic, unless nice iPhone 15 numbers come calling as well as some increasing numbers for the AVP. But if he was right, Ives is looking at a 20% gain for Apple, not including any changes to the share count from stock buybacks. One thing to note is that Apple may not just be supporting their share price with their buybacks. They may be feeling that the numbers will continue to grow, at least at some point in time, to continue to support buying back their own shares.

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