Apple should be worth double at $250 as it is 'one of the world's greatest companies,' says Loup's Gene Munster

Jan 4 2023 by Business Insider

 
Apple released the latest iPhone in September.

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Apple should be a $250 stock, according to Loup's Gene Munster, nearly double from its current price.  He labeled the iPhone maker as "one of the world's greatest companies" in a Wednesday interview with CNBC.  On Tuesday, Apple's market cap slipped below $2 trillion after a report said demand has weakened.

Apple stock should be trading at $250, and investors should remain optimistic that consumers will eventually ramp...

Continue Reading Apple should be worth double at $250 as it is 'one of the world's greatest companies,' says Loup's Gene Munster