Get stock recommendations, portfolio guidance, and more from The Motley Fool's premium services. Can Apple stock reach $500? Then the share will rise to $252 by the end of the year. However, based on its history, it's more likely that the company. As a company, Apple is well prepared for the future. It was founded as Apple Computer Care in 1976 by Steve Jobs, Steve Wozniak, and Ronald Wayne. Finally, it is important to note that were already starting to see a lot of very interesting parallels between the hyper-bearish sentiment in Apple during the fall of 2011 and the hyper bearish sentiment that were seeing in Apple in the fall of 2012 (today). Disruption in iPhone manufacturing- Present investors are mostly concerned about Apples dependence on China for iPhone manufacturing. Apples planned expenditures shows that the company is planning to ship a massive number of iOS devices this year. A year later, Steve Jobs and Steve Wozniak incorporated the company as Apple Computer Inc. We also believe strongly that the price of its shares will increase by 2030. The company sold over 12 million units by the end of the year and gained dominance in the growing tablet market. The future seems bright for Apple. The stock is also expected to close the month at $167 per share. After keeping the same basic style and look, Tim Cook decided it was time to reinvent the iPhone for its tenth anniversary. It could ship 230 million iPhones in 2021, according to recent estimates from its suppliers, which would represent 14% growth from2020 and mark the flagship device's best year since 2016. In 2011, the bears argued that the passing of Steve Jobs meant the death of innovation at Apple. Surely, the service sector is the one to look out for in the upcoming decade. Users could ask Siri to complete various tasks or answer a few questions without ever picking up the device. Alphabet Stock Forecast 2023: Will Google Reach $100? In both cases, Apple bottomed out on the following trading session and then went on a 30 percent-plus rally. As the company continues to release more innovative products and services, consumer demand will only increase. Though some may consider it expensive, it is worth every dollar you will have to pay and even more. According to experts' data, 2030 is the year Apple will hit the $500 mark. Can you really get fired from a company you founded? See: 3 Things You Must Do When Your Savings Reach $50,000 While it may seem impossible that Apple stock will ever be valued at $1,000, this is not completely out of the realm of possibility. On 1st January 2013, Apple (AAPL) stock opened at $19.78 and closed at $16.27. Now I'm not predicting that Apple will reach $10,000 anytime soon; I'm trying to open up your mind .
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