Analyst: Apple can hit $3 trillion market value by mid-2022

Continuing demand for iPhone 12, iPhone 12 Pro Max, iPhone 12 Pro and other iPhone models is exceeding Wedbush Securities analyst Daniel Ives’ most bullish expectations. Ives predicts that Apple can hit a $3 trillion market value by mid-2022.

Apple Park in Cupertino, California
Apple Park in Cupertino, California

Mike Peterson for AppleInsider:

In a note to investors seen by AppleInsider, lead analyst Daniel Ives writes that recent supply chain checks in Asia continue to be “incrementally bullish” around iPhone 12 and iPhone 12 Pro demand…

Based on those checks, Ives believes the supply chain saw iPhone unit builds in the low to mid 90 million range. In December, Ives forecast a number around 80 million with a possibility of builds in the mid-80 million range…

“We have not seen a launch trajectory uptrend such as this in a number of years for Apple and the only iPhone trajectory similar would be the iPhone 6 in 2014 based on our analysis,” Ives wrote.

The analyst believes that Apple has the potential to ship upward of 240 million units in 2021, with the possibility that it could hit an “eye popping” 250 million units. That’s well above Wall Street’s current forecast of 218 million units.

MacDailyNews Take: Remember that “Mother of All iPhone Super Cycles” we predicted starting back in December 2019? It’s here!

As for Apple hitting hit $3 trillion market value by mid-2022, it’s totally doable.

Trillion, schmillion. Over time, Apple will go much higher than that. The company is currently horribly undervalued. — MacDailyNews, March 1, 2018


  1. If the market holds up and most of the big money doesn’t go to Tesla, Apple could reach $3T by the end of this year. At current outstanding share count level that would be about $180 a share.

    It’s just that Wall Street is now on this Tesla/EV kick where if a company doesn’t have an electric vehicle, it’s no longer relevant or should I say worthy of pouring money into. I don’t know anyone around me who even wants to buy an EV but Wall Street is acting as though everyone wants an EV which I think is ridiculous.

    1. It’s not about wanting one, it’s that eventually you won’t have a choice.

      Re Apple’s market cap, it remains to be seen if we’ve felt the full impact of the pandemic, and whether the cheap Fed money poured into AAPL stays there.

  2. I didn’t know I wanted one until I drove a Model 3. Now we have both a Model S and a 3. Most people who will eventually own an EV don’t know yet that they will want one. The driving exit is far superior and the cost of ownership is significantly lower.

  3. It won’t happen under a Biden administration. You’ll be too busy paying back the deficit and paying double and triple for life’s staples, including gasoline, natural gas, water, groceries….There will be no money available for iGoods and Netflix, movie theaters, etc. Watch your futures END!

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