JPMorgan expects an increase in Apple's capitalization by 20% by the end of 2019

108264

Capitalization of the American Apple, which exceeded a trillion dollars in August, will grow by another 20% by the end of 2019, the price of its one share will be 272 dollars, analysts of JPMorgan believe. According to analyst Samik Chatterjee, the growth of financial indicators and company shares stimulate Apple's confident actions on the transformation from the electronics manufacturer to the service company. Analysts at JPMorgan predict further growth of Apple's activities in its existing markets, as well as the company's advancement to new markets, where it will buy up other corporations and start-ups. It is expected that due to services and the category of “other products”, Apple's revenue by 2022 will increase by $269 billion.

The information and recommendations contained in this analytical document are published strictly for information purposes and are not considered as an offer to buy or sell the trading tools mentioned above and are not intended to motivate to perform certain transactions
Something went wrong
Message: