Analyst Gene Munster Expects Apple (AAPL) Glass In 2020

June 27, 2017 8:01 AM EDT
Get Alerts AAPL Hot Sheet
Price: $166.23 -2.1%

Rating Summary:
    46 Buy, 18 Hold, 5 Sell

Rating Trend: Up Up

Today's Overall Ratings:
    Up: 29 | Down: 32 | New: 34
Trade Now! 
Join SI Premium – FREE

Get instant alerts when news breaks on your stocks. Claim your 1-week free trial to StreetInsider Premium here.

Apple (NASDAQ: AAPL) should release Apple Glass AR wearable in 2020 and Loup Ventures analyst Gene Munster updates his model accordingly. He sees revenues of $292 billion and EPS of $13.20 in 2022. He neglects to include the opportunity from autos in his model and offers five takeaways to his readers:

  1. Services remains steady, its growing and its profitable,
  2. iPhone growth should peak in FY 2019 then slowly decline as Apple Glass emerges,
  3. Apple Glass should be released in 2020,
  4. AirPod headphones will outgrow the Apple Watch over the next decade, and
  5. Apple project car is not included in his model.

Read his full commentary here.



Serious News for Serious Traders! Try StreetInsider.com Premium Free!

You May Also Be Interested In





Related Categories

Analyst Comments

Related Entities

Gene Munster