What will happen to Apple's stock price in a year?

As a result, this stock has had a performance lower than its competitors over the past year.

Can Apple return to orbit again, or has its heyday passed?

Apple's stock price has been rising despite almost flat revenue in recent years. The company has expanded its profit margin through the growth of its high-margin service division and share buyback, succeeding in increasing earnings per share.

This trend was particularly evident in the most recent quarter, with revenue declining by 4% year-on-year to $90.8 billion. Sales through product channels were particularly weak, with challenges in China and prolonged iPhone upgrade cycles due to delays in new customer purchases.A decrease of more than 10%.

Earnings per share for the quarter remained flat. The lack of growth occurred at a time when other major technology companies have emerged from the high-tech bear market in 2022 and are experiencing a resurgence in revenue growth. Meanwhile, Apple has not yet reported significant revenue from the 'Vision Pro' spatial computing device released in February, and has not yet found a way to monetize AI.

The company also abandoned its decade-long self-driving car project known as Project Titan. This was a setback for both the company and investors who were hoping it would be Apple's next breakthrough product.

Apple's business in one year is expected to be led by the next model of the iPhone, the iPhone 16, and the continued development of Vision Pro and artificial intelligence.

iPhone sales have been increasing sharply every few years due to significant upgrades and potential demand resulting in a 'super cycle.' However, there seems to be no sign of a significant increase in iPhone sales.

Apple will hold its annual developer conference in June, where attendees may learn more about the advancement of AI and other innovations. CEO Tim Cook promised in February to reveal what the company is doing with AI early this year, and more details may be available at the World Wide Developer Conference (WWDC). Apple promised to reveal its AI efforts at the beginning of this year and more details may be available at the World Wide Developer Conference (WWDC).Investors should expect clearer answers regarding Apple's AI in the next year as the company has a portfolio of products that can be improved with AI, including technologies like Siri, making it a leading manufacturer of consumer technology devices. However, most of the company's intentions regarding AI remain a mystery.

Considering Apple's position as a top maker of consumer technology devices, it has a complete product portfolio that can be enhanced with AI, including technologies like Siri. However, most of the company's intentions regarding AI remain a mystery. Investors should expect clearer answers on this point in the next year.

In the latest revenue report of apple, it is difficult to justify the company's P/E ratio of 30 times.

Revenue is declining, and the company's major product categories seem to be maturing. This situation is not much different from the company's situation a few years ago. Apple's stock price has been successful due to the growth of its services business and price increases of devices like the iPhone. However, this strategy does not seem like it will work forever.

Apple may surprise investors at next month's WWDC, but just assuming that won't be enough reason to buy the company's stock. At the current stock price, investors can find better stocks elsewhere.