JP Morgan analysts raise assessment of Apple-Forex share growth potential

Jp Morgan's review notes that investor sentiment towards Apple's securities may improve. This will happen against the background of expectations of a stronger growth in iPhone sales than previously thought. Analysts at JP Morgan believe the target value of the company's securities could be $265. The figure increased by 22 dollars. Analysts estimate that iPhone sales could grow by 1 million units in the third quarter compared to previously expected sales. The launch of the 5G-enabled iPhone is expected in September next year. In this regard, jp Morgan analysts forecast an increase in sales in the next financial year. Using 5G in the iPhone could lead to stronger revenue forecasts for the company in the years to come. Analysts at the bank expect Apple to sell 198 million 5G smartphones in 2020, and sales will increase to 200 million units in 2021.