How and When Will Apple Reach a Value of $2 Trillion?

Amit Daryanani, analyst at international investment banking consultancy Evercore, said: AppleHe explained what he needed to do to reach a market value of $2 trillion. US technology giant service And wearable product According to Daryanani, it is of critical importance that its units continue to grow.

Famous analyst in the wearable product segment AirPods And Apple Watch Due to the significant increase in sales of the series 60 billion dollars A growth is expected. Daryanani said that the service segment, which includes platforms such as Apple TV +, Apple Arcade, Apple News +, App Store and Apple Music, 100 billion dollars It is estimated that it will reach a volume of 

According to analysts, Apple will reach a market value of $ 2 trillion in the next four years

Earning $26 billion in service revenue in the first half of 2020 Appleaims to exceed the 50 billion dollar threshold in total this year. However, the Cupertino company NetflixDigital broadcasting platform positioned as a rival to AppleTV+shows a performance below expectations in terms of number of subscribers. 

of people coronavirus epidemic The service, which failed to increase the number of subscribers in March and April despite being confined to their homes due to lockdown, seems to have lost its competitive edge against Netflix and Disney +. 

Apple aims to generate $50 billion in service revenue in all of 2020

Stating that the service segment is growing faster than other segments thanks to its high profit margin, Evercore analyst thinks that the company's total gross margin will increase rapidly. Daryanani also emphasizes that Apple will continue to buy back its own shares.

The analyst predicts that the company will reduce the number of shares, which was approximately $4.6 billion in 2019, to $3.6 billion in the 2024 fiscal year, and ultimately Apple's shares on the stock market will increase in the next four years. 2 trillion dollars He thinks it will reach market value.