January 25, 2021

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Apple has a clear path to a $3 trillion market cap, says Gene Munster

Loup Ventures’ Gene Munster believes that digital acceleration, the iPhone 12, and other factors could...

Loup Ventures’ Gene Munster believes that digital acceleration, the iPhone 12, and other factors could drive Apple stock to a $200 price per share and a $3 trillion market capitalization.

Credit: WikiCommons

In a research note seen by AppleInsider, Loup Ventures analyst Gene Munster points out that the venture capital firm made similar predictions in 2019 and 2020. In the latter year, Apple grew 83%, outpacing the other so-called FAANG stocks.

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