Every week, Benzinga conducts a sentiment survey to find out what traders are most excited about, interested in, or thinking about when managing and building their personal portfolios.
We surveyed a group of over 300 investors or shares of Apple inc. (NASDAQ: AAPL) will hit $ 200 by 2022.
Apple stock forecast
Apple designs a wide variety of consumer electronics including the iPhone smartphones, iPad tablet computers, Mac computers and Apple Watch smartwatches. As of 2020, the iPhone will make up the majority of Apple’s total sales.
In addition, Apple offers its customers a variety of entertainment and payment services such as Apple Music, iCloud, Apple TV +, Apple Card and Apple Pay.
The company gets about 40% of its sales from North and South America, the rest is earned internationally.
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At the time of publication, Apple is trading at $ 127.88, and 78% of Benzinga traders and investors said Apple would hit $ 200 per share by the end of next year.
Traders and investors who participated in our study said Apple’s stock will grow due to increased post-pandemic consumer electronics demand, diversification of revenue streams through subscription services such as Apple TV + and Apple Arcade, as well as rave reviews for the new M1 and M2 computer chips.
This survey was conducted by Benzinga in December 2020 and included responses from a diverse population of adults 18 years of age or older.
Signing up for the survey was completely voluntary, with no incentives for potential respondents. The study reflects the results of more than 300 adults.
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