Apple Inc.'s Post-iPhone X Super Cycle
Over the course of the next year, Apple (NASDAQ: AAPL) is expected to enjoy what some refer to as a "super cycle." The idea behind a super cycle is simple: Thanks to a large leap in features and form factor in a new iPhone, current iPhone users will accelerate the pace at which they upgrade their smartphones to buy the latest iPhone.
Image source: Apple.
It's widely expected that Apple's iPhone X, which was introduced during Apple's Sept. 12 keynote and will go on sale Nov. 3, will trigger such a super cycle thanks to a sleek new form factor, inclusion of a full-face organic light emitting diode (OLED) display, the TrueDepth camera, and other new features.
Source: Fool.com
Apple Inc. Stock
€204.30
1.040%
Currently there is a rather positive sentiment for Apple Inc. with 105 Buy predictions and 9 Sell predictions.
With a target price of 209 € there is a slightly positive potential of 2.3% for Apple Inc. compared to the current price of 204.3 €.
