Apple Stock Predictions: 2023 To 2025

Key takeaways

  • Apple stock dropped last month due to production issues at the Foxconn factory in Zhengzhou, China. This hangup led to additional delays around the holiday season.
  • Apple is still the largest publicly traded company in the world with a market cap of $2.09 trillion.
  • There are still many macroeconomic factors impacting major companies and the tech industry. With that said, rumors are swirling that Apple will release a new product category in 2023 in the form of a new AR/VR headset.
  • Analysts predict that the company’s stock should go up in 2023.

Strong iPhone and Mac computer sales led to Apple reporting a record quarterly revenue of $90.1 billion during a time when many other companies had softer earnings due to the macroeconomic issues impacting the entire world. While Apple was in the news last month due to issues with factory closures in China that caused product delivery delays, there’s some significant news that could change the trajectory of the tech giant in 2023.

Since Apple is the largest company in the world, we decided to look at stock predictions for the next few years to see what the financial outlook is looking like.

How’s Apple performing financially?

Before we look at Apple stock predictions and what’s next for the company, we have to address the present-day situation by looking at their recent financial performance. Apple was able to beat Wall Street’s targets when they announced the financial results for the fiscal fourth quarter of 2022 late on Oct. 27. Apple stock jumped about 7.6% during the next trading session the following day based on these positive financial results.

The company reported a record quarterly revenue of $90.1 billion during a challenging time in the economy where consumers are cautious about spending money due to the fears of rate hikes leading to a full-blown recession.

Here are some financial highlights from the period that ended on Sept. 24:

  • Annual revenue for the fiscal year 2022 was $394.3 billion, which is up 8% year over year.
  • On an annual basis, Apple’s earnings went up 4%, and sales shot up 8%.
  • iPhone revenue went up 10% year over year in the fourth quarter to $42.6 billion.