Apple Inc. (AAPL) Stock Forecasts<![CDATA[!function(o,c){var a,t,i,n,e=[],r={passive:!0,capture:!0},p=new Date,f="pointerup",u="pointercancel",d=window;function m(n,e){a||(a=e,t=n,i=new Date,M(c),w())}function w(){0<=t&&t<i-p&&(e.forEach(function(n){n(t,a)}),e=[])}function s(n){if(n.cancelable){var e=(1e12AllAnalyst ReportArgus•April 29, 2021

Summary

Apple manufactures smartphones, tablets, PCs, software and peripherals for a worldwide customer base. Its products include Mac desktop and mobile PCs, iPhone, iPad, Apple Watch, and various consumer products, including AirPods, Beats headphones and Apple TV. Apple services include App Store, iTunes, iCloud, Apple TV+, Apple Arcade, Apple Music, Apple Pay, and more.

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Analyst Profile

James Kelleher, CFA

Director of Research & Senior Analyst Technology

Jim has worked in the financial services industry for over 25 years and joined Argus in 1993. He is director of research at Argus and a member of the Investment Policy Committee. Jim has been instrumental in building Argus’ proprietary valuation models, which are a key part of the proprietary Argus Six-Point Rating System. He also oversees Argus’ technical analysis products; writes the Portfolio Selector report and other publications; and manages several Argus model portfolios. As a Senior Analyst, Jim covers Communications Equipment, Semiconductors, Information Processing and Electronic Manufacturing Services companies. he is a CFA charter-holder, and is a three-time winner in The Wall Street Journal’s “Best on the Street” All-Star Analyst Survey. In July 2010, McGraw-Hill Professional published Jim’s book, “Equity Valuation for Analysts & Investors.” The book, a single-volume treatment of financial modeling and valuation process, introduces the Argus proprietary valuation methodology known as Peer Derived Value.

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{window._DarlaEvents.emit(“exp-push”, arguments);}if (“MAST” !== posId) {return;}if (msg === “resize-to”) {newWidth = arguments[2];newHeight = arguments[3];} else if (msg === “exp-push” || msg === “exp-ovr”) {pos = $sf.host.get(“MAST”);newWidth = pos.conf.w + arguments[6] + arguments[7];newHeight = pos.conf.h + arguments[5] + arguments[8];}if (newWidth > maxWidth || newHeight > maxHeight) {return true;}}; window.DARLA_CONFIG.onFinishParse = function(eventName, response) {try {if (eventName !== “AUTO”) {var positionlist = response.ps();var foundExclusive = false;for (var i = 0; i = 0 || pos.indexOf(“MOMENTS”) >= 0 || pos.indexOf(“MON”) >= 0 || pos.indexOf(“LDRB”) >= 0 || pos.indexOf(“LREC”) >= 0 || pos.indexOf(“WFPAD”) >= 0) {var adResponse = response.item(pos);if (adResponse && adResponse.meta && adResponse.meta.y && adResponse.meta.y.slotData && adResponse.meta.y.slotData.exclusive === “true”){foundExclusive = true;break;}}}window.dpDarlaProxyExclusive = foundExclusive;}window._perfMark(‘DARLA_PEND’);if (eventName === “prefetch”) {window._DarlaPrefetchResponse = response;}if (window._DarlaEvents) {window._DarlaEvents.emit(“finishparse”, {response: response,eventName: eventName});}} catch (e) {console.error(e);throw e;}if (eventName === “AUTO”) {var adPositionList = response.ps();var groupAdsList = [“LREC3″,”LREC4″,”MON2″,”LREC3-9″,”LREC4-9″,”MON2-9”];for (var i = 0; i = 0) {var adPosItem = response.item(groupAdsList[i]);if (!adPosItem.hasErr && adPosItem.size + “” !== “1×1” && (adPosItem.meta && adPosItem.meta.y && adPosItem.meta.y.size && adPosItem.meta.y.size + “” !== “1×1”)) {var adNode = document.getElementById(“default” + groupAdsList[i] + “-sizer”);if (adNode && adNode.classList) {adNode.classList.remove(“D(n)”);adNode.classList.remove(“D-n”);}}}}} }; window.DARLA_CONFIG.onStartPrefetchRequest = function(eventName) {window._perfMark(‘DARLA_PFSTART’);}; window.DARLA_CONFIG.onFinishPrefetchRequest = function(eventName, status) {window._perfMark(‘DARLA_PFEND’);try {window._DarlaEvents.emit(‘finishprefetch’, {status: status,eventName: eventName});} catch (e) {console.error(e);throw e;} }; window.DARLA_CONFIG.onPosMsg = function(cmd, pos, msg) {try {if (window._DarlaEvents && cmd === “cmsg”) {var posmsg = {pos: pos,msg: msg};window._DarlaEvents.emit(“splashmsg”, posmsg);if (window._adPosMsg) {window._adPosMsg[window._adPosMsg.length] = posmsg;}}if (window._DarlaEvents && (cmd === “ui-fclose-show” || cmd === “ui-fclose-close”)) {setTimeout(function _emitAdResize(){window._DarlaEvents.emit(“adresize”, {pos: pos})}, 0);}} catch (e) {console.error(e);throw e;} }; (function () {var _onloadEvt = function _onloadEvtHandler() {window._loadEvt = true;if (window._darlaSuccessEvt) {window._fireAdPerfBeacon(window._darlaSuccessEvt);}};if (window.addEventListener) {window.addEventListener(“load”, _onloadEvt);} else if (window.attachEvent) {window.attachEvent(“onload”, _onloadEvt);}function _onDarlaError (type) {return function _darlaErrHandler(evName) {try {if (window._DarlaEvents) {window._DarlaEvents.emit(“darlaerror” + evName);window._DarlaEvents.emit(“darlaerror”, {type: type,eventName: evName,error: true});}} catch (e) {console.error(e);throw e;}};};window.DARLA_CONFIG.onRequestTimeout = _onDarlaError(“requestTimeout”);window.DARLA_CONFIG.onRenderTimeout = _onDarlaError(“renderTimeout”);window.DARLA_CONFIG.onFailure = _onDarlaError(“failure”);window.DARLA_CONFIG.onIdle = function onDarlaIdle () { try { window._DarlaEvents && window._DarlaEvents.emit(“onIdle”); } catch (e) { console.error(e); throw e; }};})(); window._DarlaBootNeeded = true;window.$sf = window.sf = {}; window.$sf.host = {onReady: function (autorender, deferrender, firstRenderPos, deferRenderDelay) {window._perfMark(‘DARLA_ONREADY’);window._perfMeasure(‘DARLA_ONREADY’);window.sfready = true;if (window._DarlaEvents && !autorender) {window._DarlaEvents.emit(“darlaboot”);} else if (autorender){window._perfMark(‘DARLA_RSTART’);if (typeof DARLA !== “undefined” && DARLA) {if (deferrender && firstRenderPos) {var firstBatchPos = [];var prefetchedPos = DARLA.prefetched();if (prefetchedPos.length 0) {for (var i = 0; i = 0) {firstBatchPos = firstBatchPos.concat(prefetchedPos.splice(index, 1));}};}if (firstBatchPos.length > 0) {var renderWithRetry = function(pos) {if (DARLA.inProgress()) {var waittime = 600, maxwait = 100, deferRetry = 0, interval;interval = setInterval(function() {deferRetry ++;if (!DARLA.inProgress()){clearInterval(interval);DARLA.render(pos);}if (deferRetry > maxwait){clearInterval(interval);}}, waittime);} else {DARLA.render(pos);}};renderWithRetry(firstBatchPos);setTimeout(renderWithRetry, deferRenderDelay, prefetchedPos);} else {DARLA.render();}} else {DARLA.render();}}}} }; window.sf_host = window.$sf.host; document.onreadystatechange = function () {if (document.readyState == “interactive”) {window._perfMark(‘DOM_INTERACTIVE’);}};]]>