Apple Stock Price Predictions

The iPhone 12 became the top-selling 5G smartphone globally changing Apple’s 2020 fortunes and shielding the company from the pandemic’s potential bad effect. Statistics have indicated that both the iPhone 12 and iPhone 12 pro took about 14% of the global 5G smartphone market. The incorporation of 5G network and the pricing strategy of these new devices has contributed to the great sales. A look at online reviews will help one to buy the iPhone 12 from reputable stores. You can see more electronic stores reviews and also give affordable mobiles reviews a look. The iPhone-12 success in the market led to Apple stock doing well, and end on a solid note for the year 2020. In 2021 Apple is predicted to keep up with this remarkable momentum as the iPhone 12 sales are expected to continue rising. Below is the expected apple stock growth for the year 2021.

Price predictions for AAPL for 2021

It is projected that AAPL can be intimidating to buy for the year 2021, and thus prospective investors should be cautious. The tech giant’s big size means that it would require a huge breakout to have substantial profits to its investor’s network. Analysts are still optimistic about Apple, one of the main reasons behind this optimism being that the company broke the record in 2020’s fourth quarter. Having a closer look at this prediction will give a better understanding. In 2020 the APL stock price had hit $117.13 which is still short of its all-time high, which stands at $137.98.A survey has also indicated that Apple median price target in one year is about $133. Despite falling short of its all-time high and median annual target price, most analysts are still certain that the iPhone12 which was the first 5G phone in the UK will lead its stock prices to soaring high levels.

Above the iPhone 12, Apple has scheduled to release various products in its 2021 calendar, which analyst say will contribute to soaring of the tech giants stocks. Below are the products that Apple is expecting to release in 2021.

Apple TV

Apple TV is a set-top box instead of the streaming service or app and is a long overdue update. Apple last updated Apple TV back in September 2017 and the three-year-old model has been in the market since then. This new update is expected to increase apple’s profits.

iPad Pro and iPad mini

At the end of the year, 2020 apple updated the standard iPad and the iPad Air. The iPad mini didn’t get an update last year, and thus it is most likely scheduled for this year. The iPad Pro could also get an update in 2021. It is expected that the  IPad mini can be out by February and will be redesigned. The iPad Pro, march update could be feasible, but with apple seeming to have lots in its March calendar, an earlier date could be more suitable.

 MacBook Pro and iMac

It is expected that Apple will be updating several of its MACs this year with the M1 Chip. The updates will mainly aim the 13in MacBook Pro models and the smaller iMac that didn’t receive an updated in November 2020. It is also anticipated that the tech giant could even provide more updates in the two models, including a 14in MacBook Pro and 23in iMac.

Apple watch series 6

Apple has announced that in February 2021 it will release a new and limited edition of Apple watch series 6. This watch will be a mark of the celebration of black history month. It is expected to have the name, “black unity” inscribed on its back with a space grey aluminium look.

Software updates

macOS Big Sur 11.2
The tech giant released macOS Big Sur 11.2 on February 1. This update is expected to fix any bugs that were previously experienced. The updated will also deactivate the exclusion list that only permitted Apple’s apps to bypass VPN programs and third-party firewalls.

iOS 14.5 and iPadOS 14.5
The iOS14.4 was released just at the end of January. The initial beta iOS 14.5 is expected out early February with various cool features expected to be incorporated, including it will allow for phone unlocking by using Face ID even while one is wearing a mask.

In conclusion, Apple experienced a successful year  2020. In 2021, the iPhone 12 is still promising. It has also scheduled new releases for 2021, which will boost the company by increasing its sales and thus its stock will also rise.