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Apple Stock Forecast: AAPL Looking Ahead to the Calm After the ‘Storm’

The article was written by Whitney Su, a Financial Analyst at I Know First.

Despite concerns over the ongoing Trump-Xi trade war, we can expect Apple to operate as usual in Greater China (Mainland China, Hong Kong, and Taiwan), which accounts for nearly 20 percent Apple's total revenue.
Stock prices went up by more than 1% on 11 June 2019, closing at $194.99, after Foxconn's statement that it was capable of relocating iPhone production outside of China, if necessary. Stock prices have seen an upward trend since that announcement.
I give AAPL stock a bullish one-year forecast. No longer relying on iPhone sales to hold up the company, Apple is turning towards services instead, projecting increased service sector revenue of $14 billion per quarter by 2020.
Widespread popularity of the Apple Watch and AirPods spearheads revenue increases in Apple's "Other Products" sector. Innovative product development will continue to drive up AAPL stock prices.

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The article was written by Motek Moyen Research Seeking Alpha’s #1 Writer on Long Ideas and #2 in Technology – Senior Analyst at I Know First.

This is a follow-up to my previous article explaining why Apple is unlikely to hit the $150 price target of professional Wall Street Analysts.
Apple has another tangible headwind –it lost a patent infringement complaint filed against it by Wisconsin Alumni Research Foundation (WARF) last year.
I opine that Apple would likely settle the damage/penalty of up to $862 million, rather than appeal the guilty verdict.
Intel also got sued by Wisconsin Alumni Research Foundation but chipzilla settled it out of court.