3 Apple Stock Predictions for 2023
Over the past several years, Apple (NASDAQ: AAPL) has become the model for what tech companies want to be when they grow up. In the decade leading up to November 2021, Apple's revenue nearly tripled -- a remarkable feat for a company its size -- pushing its stock price up nearly 1,000%.
Oh, how the mighty have fallen. COVID-related lockdowns at its main production facility, 40-year-high inflation, and macroeconomic uncertainty have weighed on the iPhone maker, which has shed 31% of its value and $1 trillion from its market capitalization since early last year.
Despite the current stock price, I believe Apple is poised for a surprisingly strong comeback this year. Here are three predictions about what to expect from Apple in 2023.
Source Fool.com