Is Apple still a good long term investment? (2024)

Is Apple still a good long term investment?

To be clear, Apple looks like it has all the ingredients to continue as a great long-term investment. Growth may be more moderate than in times past, but the tech titan is highly profitable and doles out ample cash to shareholders.

Is Apple still a good long-term investment?

Key Points. Apple's services segment continues to shine. The company depends on selling phones and computers, and the growth just isn't there right now. Apple still has the makings of an incredible long-term investment.

Would Apple be good to invest in?

Apple shares have made for a fantastic investment over the years, climbing 817% in the last decade. And more recently, they rose 48% in 2023, beating the Nasdaq Composite.

Should I invest in Apple 2024?

AAPL Stock Forecast 2024: Why Apple Is a No-Brainer Buy for Investors. Apple's (AAPL) recent $89.5 billion quarterly revenue paints a robust forward picture for the company. Analysts have deemed the company's Vision Pro to be a potential “game changer” after its initial debut.

Is an investment in Apple or Microsoft is a good idea?

A look back at the companies' financial performance and a look ahead at expected revenue and profits make the case that Apple is no longer a growth stock and that Microsoft is the better long-term investment.

Is Apple stock a good 10 year investment?

Apple 10-Year Performance

Patient investors who held the stock through all of its ups and downs were rewarded with what Wall Street refers to as a “10-bagger,” a stock that provided a return of 10x the original investment. On a percentage basis, those who held Apple stock over the past 10 years earned a 916% return.

What is Apple's long term predictions?

Apple stock price stood at $172.28

According to the latest long-term forecast, Apple price will hit $200 by the middle of 2025 and then $250 by the end of 2026. Apple will rise to $300 within the year of 2028, $350 in 2029, $400 in 2030, $450 in 2032 and $500 in 2034.

Why is Apple stock struggling?

The primary catalyst for Tuesday's losses was a report from Hong Kong-based Counterpoint Research indicating iPhone sales fell 24% year-over-year over the first six weeks of 2024, an unwelcome finding considering China accounts for more than 15% of Apple's revenues and sales in the region already fell 13% in Apple's ...

Does Apple stock have a future?

Apple Stock Forecast

The 31 analysts with 12-month price forecasts for Apple stock have an average target of 205.32, with a low estimate of 158 and a high estimate of 250. The average target predicts an increase of 19.87% from the current stock price of 171.29.

How much will Apple be worth in 2030?

If Apple meets analysts' expectations and grows its EPS at a modest compound annual rate of 8% from fiscal 2026 to fiscal 2030, its EPS could reach $10.50. If its valuation remained at 28 times forward earnings at that point, its stock would be trading at $294, giving it a market cap of $4.5 trillion.

What will Apple be worth in 2040?

Key highlights: Apple, the world's largest company with a $2.81 trillion market cap, has grown at over 25% CAGR in the past decade. Based on the S&P 500's historical 11.1% ROI, Apple's stock could reach $1,093 by 2040 and $3,140 by 2050.

Is Microsoft richer than Apple?

Microsoft surpasses Apple to become the world's most valuable company for the first time in 2 years as the iPhone maker hits a patch of 'nothing special' Microsoft CEO Satya Nadella.

Who is more valuable Microsoft or Apple?

Microsoft has surpassed Apple's market cap to become the world's most valuable public company again.

What if you invested $1,000 in Apple 20 years ago?

What does that look like on a brokerage statement? Check out the above chart and you'll see that if you invested $1,000 in Apple stock 20 years ago, it would today be worth almost $530,000. The same $1,000 invested in the S&P 500 would have theoretically turned into $6,186 over the same period.

What if I invested $1,000 in Apple in 2000?

But if you were smart enough to invest $1,000 in Apple stock at the start of the year 2000, you'd be sitting on a monster gain of 21,230%. This means that modest investment would be worth a whopping $213,000 today (as of July 27).

Will Apple stock reach $700 again?

"Apple's been on top for so long now," says Matt Warman in Britain's Telegraph, "there is only one way it can go." Indeed, Apple shares will never get back to $700, says The Economist.

What problems will Apple face in the future?

Despite its dominance in the space of mobile devices and computing, the company does face some key challenges. Among these weaknesses are its highly-priced products, entering areas of higher competition, and incompatibility with other software.

What is Apple's prediction for 2024?

After Apple's recent earnings report, 43 analysts projected the company's 2024 revenue to come in at $388.3 billion, similar to the previous 12 months. Predicted earnings per share stood at $6.55, also consistent with last year's results.

What's in the future for Apple?

Apple's next flagship device is the iPhone 15, with the company expected to take pre-orders in September 2023. One of the most notable changes rumored with the iPhone 15 is an “Ultra” version expected to replace the “Max Pro” version.

What are the best stocks to invest in 2024?

10 Best Growth Stocks to Buy for 2024
StockExpected Change in Stock Price*
Alphabet Inc. (GOOG, GOOGL)10.1%
Meta Platforms Inc. (META)-1.9%
JPMorgan Chase & Co. (JPM)-3.4%
Tesla Inc. (TSLA)61%
6 more rows
Mar 25, 2024

Is Google a buy or sell?

Alphabet A (ex Google)'s market capitalization is $1,878.90 B by 5.89 B shares outstanding. Is Alphabet stock a Buy, Sell or Hold? Alphabet stock has received a consensus rating of buy. The average rating score is and is based on 91 buy ratings, 8 hold ratings, and 0 sell ratings.

How much will Apple be worth in 5 years?

According to analysts, it was projected that Apple's share price could reach $220 by the end of 2023, $250 in 2024. Apple long term stock forecast is anticipated to be $315 in 2025, $370 in 2026, $425 in 2027, $465 in 2028, and $480 in 2029. In 2030, analysts anticipate Apple shares will be worth $510.

What will Apple stock be worth in 2025?

Long-Term Apple Stock Price Predictions
YearPredictionChange
2025$ 218.8227.60%
2026$ 279.2262.83%
2027$ 356.30107.78%
2028$ 454.65165.13%
2 more rows

Is Tesla a buy or sell?

Tesla has a conensus rating of Hold which is based on 9 buy ratings, 19 hold ratings and 7 sell ratings. What is Tesla's price target? The average price target for Tesla is $198.72. This is based on 35 Wall Streets Analysts 12-month price targets, issued in the past 3 months.

Will Nvidia be worth more than Apple?

However, Apple is the more valuable company right now, with a market capitalization of $2.8 trillion, and that is likely to increase as it wins more customers with the iPhone. This means Nvidia, which has a market of just under $2 trillion, will likely have to keep growing at high rates to surpass Apple's market value.

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