Apple has a market value of 1 trillion US dollars? RBC analysts analyze their possibilities

December 21, 2022

[Global Science and Technology Report] According to the American financial website MarketWatch reported on August 9, RBC Capital analysts said on the 9th that Apple is ready to become the first to reach and maintain 1 trillion US dollars (about RMB 6.65 trillion yuan) market value of the company.

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The report shows that since August 1st, Apple's third-quarter profitability is better than expected, and it is surprising that iPad sales have soared, easing excessive dependence on iPhone sales, while Apple's AAPL + 0.61% share price Continues to rise. As of the 8th, the stock's gain has increased the company's market value by 56 billion US dollars (approximately 432.4 billion yuan). And RBC analysts expect this increase to continue as Apple launches the expected iPhone 8 cycle in mid-September.

Apple's increase in trade with China, the issue of the new iPhone itself, and the timing of the release are risky. Another risk is the legal issue between Apple and chip supplier Qualcomm Inc. Qualcomm accused Apple of infringing patents and used Intel's chips in the iPhone. This week, the United States International Trade Commission (ITC) stated that it will investigate the allegations and determine that the target date for the investigation is 45 days later.

But Stifel analysts pointed out that the survey itself does not mean that Qualcomm's request is valuable. Even if ITC made layoffs on Apple, it would only affect Apple’s import of iPhones in the United States, not international sales. Analyst Aaron Rakers writes: “Although this should be seen as a potential negative impact on Apple, we believe that Qualcomm is trying to suppress Apple’s efforts to reach a courtroom solution and make it an independent royalty. Cases." (Practice compilation: Li Yu reviewer: Li Zongze)

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