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Where Will Apple Stock Be in 5 Years?

TheMotleyFool

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Apple's (NASDAQ: AAPL) stock price has rallied about 460% over the past five years, defying the bears who claimed its heyday was over. The tech giant's annual revenue rose from $215.6 billion to $274.5 billion between fiscal 2016 and 2020, while its annual net income grew from $45.7 billion to $57.4 billion.

But can Apple maintain that momentum over the next five years? Let's examine its long-term roadmap to find out.

Analysts expect Apple's revenue to rise 21% in fiscal 2021, then grow another 4% in 2022. Most of that growth will come from new hardware devices and the expansion of its services ecosystem.

Source Fool.com

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