Apple’s market value recently exceeded $3 trillion. Although the company will generate lower revenues in 2023 compared to last year, analysts are optimistic about the company’s future. The company, which expects good figures in the last quarter of the year, may reach a market value of 4 trillion dollars due to the fact that it will enter the mixed reality market next year with Apple Vision Pro and some other reasons.230 million iPhone sales are estimated in 2024
According to reports, there is no expectation of a slowdown in iPhone sales. Wedbush analysts predict that Apple will reach 220-230 million phone sales in 2024. Investors also expect iPhone 15 sales to be strong during the holiday season.
However, Apple may find itself in tough competition with the resurgence of Huawei in China. Wedbush still states that there is a market in the region that can reach 100 million phone shipments. Another development that will increase Apple’s market value is the steady growth of the company’s services department. It is stated that the services segment alone has a value of 1.5 to 1.6 trillion dollars. Looking at Apple’s financial results, it seems that the only section that increased compared to the previous quarter was the services category.
Of course, it is also worth remembering that since estimates regarding the company’s value are made based on the current trend, there is a possibility that the company may not be able to maintain the same momentum.
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