Despite redesign and 5G, this analyst doesn’t see a super-cycle starting for the Apple iPhone

OSTN Staff

Many investors see good times ahead for Apple. The company produces the top-selling smartwatch in the world (in fact, it happens to be the number one watch in the world), the  top ear-worn headphones, and . Today, Apple’s shares soared $8.68 (or 2.33%) to set a new all-time closing high at $381.37. That is just 13 cents shy of the all-time intra-day high of $381.50 set today. On March 23rd, just when the coronavirus was becoming a serious matter, Apple plunged to a closing price of $224.37. Since then, the tech giant has seen its shares rise by $157 or an amazing 70%. The company is valued …

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