The investment bank JP Morgan has already made estimates for the evolution of AAPL's share price for the coming years. If its analysts had already counted on a stock around 200 dollars in the coming years, in particular with the arrival of a VR headset or even an Apple Car, even if the latter is more distant.
But these estimates have just been revised upwards, with the bank's analysts now counting on $210 in hopes of strong demand for the start of 2022with the possible arrival of an iPhone SE 5G. In a note to investors, Samik Chatterjee believes that Apple shares have "managed to reverse the underperformance" of the first half of 2021 with improving demand expectations regardingl’iPhone 13.
Despite a certain lack of innovation within Apple's phone, demand was higher than expected. Although demand is stable at the moment,“most of the increase in revenues and profits”is still to come for Apple. The latter should arrive at the beginning of 2022, although the possible arrival of a new iPhone SE could scare away some buyers.
The iPhone SE 5G to boost AAPL's price?
According to rumors, this phone should arrive in spring 2022 and Apple's first conference. With 5G connectivity, it should greatly interest the Apple public who could turn en masse to this more affordable phone than the current iPhone 12 and 13 currently on sale at Apple.
As a reminder, the last iPhone SE marketed by the Cupertino company was released in 2020. It was the second model of the name for Apple and the first to use the chassis of the iPhone 8, while retaining Touch ID. With a new form possible in the coming months,the iPhone SE could therefore take a third form in three models.
With the arrival of a new model, JP Morgan is confident that the Cupertino firm will remain considered a “first choice until 2022”.
