If Apple becomes the first company in the world to reach a market capitalization of $ 3 trillion, the iPhone will be the main player in reaching this unprecedented level.
The company has announced that it will announce its latest telephony products mobile next Tuesday and the success of the iPhone 13 will determine how quickly the company can reach the three trillion mark.
“We think Apple is on track to hit $ 3 trillion by early 2022 and the iPhone 13 will be the catalyst for that,” said Wedbush Investments’ Dan Avis, according to The Guardian.
He noted that tale rating didn’t change after a judge overturned a key part of the App Store rules, to the benefit of app makers.
On Friday, a federal judge handed down a ruling blocking Apple’s restrictions on developers using its App Store to process user payments.
The judge ordered that an alternative purchasing mechanism be provided to developers outside the store, who received a 30% commission on sales through his store.
The sentence should come in force on 9 December next. A tale change could save app developers billions of dollars which could encourage them to lower the prices consumers pay.
To reach this level, the company’s market capital must increase by approximately 22%. The company’s market capitalization reached $ 2 trillion in August last year and increased approximately 12% quest’year.
IPhone phones account for about 50% of Apple’s annual revenue of $ 275 billion last year, while Apple’s services like “Apple Store and Apple TV” are in second place and account for just 20%.
According to the Mac Romer website, the new iPhone will not represent a significant change from the previous phone. The four models will be available in 5.4-inch, 6.1-inch and 6.7-inch sizes. It will produce two flagship phones with high capacities, while two phones will be available at reasonable prices.
One of the things that will see improvements in the new iPhone is the camera and battery.
Read More About: Business News