Apple’s market value may reach $4 trillion by the end of 2025, and the Vision Pro will be the main contributor
Apple's Vision Pro will be the main contributor to the company's potential $4 trillion market value by 2025
【PhoneAuto News】Apple has long been the world’s leading listed company in terms of market value and is likely to remain so until 2025.
On June 8, Wade Bush Securities said that Apple can still achieve tremendous growth through the next iPhone cycle and the development of Vision Pro. By the end of 2025, Apple may become a $4 trillion technology giant. Currently, Wade Bush has raised Apple’s 12-month target price from $205 to $220, meaning that Apple’s stock price will rise by more than 23% in the coming year.
Apple Vision Pro
On June 6, Apple held its WWDC developer conference and officially launched its first head-mounted display product, Vision Pro, which is priced at a whopping $3,499, or about RMB 25,000, and will be officially launched early next year. Some people say that Vision Pro is too expensive, but Cook responded that “Apple Vision Pro is currently the most advanced electronic device. It has done ‘tomorrow’s engineering’ today. This is a great idea.”
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Wade Bush believes that although few Wall Street strategists expect the latest Vision Pro to become a mass-market device, the release of this device is part of Apple’s bullish outlook, especially as Apple has developed a new app store for this mixed reality headset. Wade Bush previously stated that Vision Pro is a “revolutionary product” and that if the price is lowered, its sales in the first year will reach 150,000 units and 1 million units in the second year.
As of Wednesday, Apple’s stock price fell 0.78% to close at $177.82, with a market value of about $2.8 trillion.
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