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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.

Many Wall Street analysts are bullish on Apple and gave it a 12-month price target of $150
However, I think Apple is unlikely to deliver a $150 stock price in 2016.
Hedge fund managers are nervous that Apple is still too dependent on iPhone sales. The iPhone 6s uptake is slower than the iPhone 6.
The iPad Pro is a mistake. Amazon also banned the Apple TV, reducing the distribution channel of Apple’s main gadget for its upcoming streaming video services
Lack of touchscreen-friendly Mac computers also endangers that business segment. It might repeat the gradual declining sales of the iPad.