Factors affecting Apple's (AAPL) target price and earnings projection
The corporation is one of the largest technology companies, which occupies a leading position in many innovative segments. Despite fierce competition from Microsoft, Nvidia, Intel, and other companies, Apple manages to maintain a significant market share in many countries. Maintaining the level of demand and growth in sales will be the key drivers of the uptrend.
Other factors impacting the share price:
Corporate financial statements, such as revenue, net profit, debt, etc. If the actual statistics exceed the forecast, the share price increases;
Corporate policy: payment of dividends, financial support for certain areas, etc.;
Competition. A successful product launch by competitors will reduce demand for Apple products and its revenue;
Technology market. It includes general trends in the tech industry, trends in the field of AI, mobile devices, and other areas;
Economic situation. It implies the state of the world and national economy, influencing purchasing power;
Regulation and legislation. These are legal and regulatory changes, tax changes, or antitrust laws;
Media and public opinion. These are news, product reviews, and company reputation in the media and among investors.
Also, macroeconomic factors can influence the price. For example, a reduction in the Fed's interest rate has a positive effect on the entire U.S. stock market.