Apple iPhone To Fuel 96% Of 2025 Revenue, Analyst Says: A Safer Bet Than AI-Heavy Amazon, Alphabet, Microsoft, Meta?

Quick Summary:

Martin projects that Apple’s up-selling of devices, including wearables, accessories, iPads, Macs, and Vision Pro, will represent about $97 billion of revenue in fiscal 2025.

The price target is based on a Discounted Cash Flow (DCF) where Martin used a cash tax rate of 15%, a weighted average cost of capital (WACC) of 8.8%, and a long-term nominal GDP growth rate of 2%.

In total, these numbers imply that 89%- 96% of Apple’s fiscal 2025 revenue depends on the iPhone — a single product.

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Article Details

Author / Journalist: Anusuya Lahiri

Category: Technology

Markets: United States

Topics: META Expert Ideas US0231351067 Tech IPhone Benzinga US0378331005 MSFT Analyst Ratings News Trading Ideas Reiteration US5949181045 AAPL AMZN Top Stories Price Target Briefs

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-09-24 @ 13:55:32 (3 days ago)

News Timezone: GMT +8:00

News Source URL: benzinga.com

Language: English

Article Length: 611 words

Reading Time: 4 minutes read

Sentences: 30 lines

Sentence Length: 21 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Benzinga

News ID: 22696759

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