What Will Drive Apple Stock in 2021?
The past year has delivered not just a stock market crash and a broad technology-sector selloff, but a global pandemic that at least temporarily crippled economies worldwide. Through it all, however, Apple (AAPL, $135.39) barely flinched; Apple stock is up roughly 70% since this time a year ago.
Apple, which was founded in 1976, grew to become a $1 trillion company by August 2018. Two years later to the month, it hit the $2 trillion mark, and it has tacked on another $100 billion since then.
The question for Apple stock holders, of course, is whether their investment reached critical mass, or whether AAPL shares can continue growing in 2021.
These seven factors will have the most say in that.
#1: The Biggest Factor for Apple Stock: The iPhone 12
The big question for 2021 is whether the so-called iPhone 12 upgrade supercycle will continue to materialize.
The iPhone 12 series is the first Apple smartphone to include 5G connectivity. It was offered in the largest array of sizes and colors yet – including the first-ever
