Daniel Ives, FBR Capital Markets, provides perspective on Apple stock and where the tech giant is likely to see it next growth spurt.
We’re going to go into the developer conference in June. I think ultimately there’s going to be some good things in terms of an iPad refresh, Apple TV, as well as more information on the Apple Watch. But there’s something we do need to see, we have to see investors have comfort, have confidence in this Apple Watch; in the wearables… Near term, I view this as a speed bump or a stagnant period before we make that jump toward the trillion… A year from now, we’re looking at a trillion dollars. — Daniel Ives, FBR Capital Markets
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