Key drivers of Apple’s stock performance
For Apple shares to rise over the next few years, the company needs to do three things.
First, Apple needs to maintain its share of the global smartphone market. That will mean continuing to develop innovative smartphones that encourage consumers to trade up more frequently. It will need to stay ahead of the competition by launching its first foldable iPhone in the coming years.
Additionally, Apple will finally need to launch its next flagship consumer technology product. The company has struggled to develop its next hit product as it shut down development of the Apple Car in 2024, while the Apple Vision Pro VR headset has been a flop. However, the upcoming release of its smart glasses, scheduled for late 2026 or early 2027, could finally be the next hot consumer product the company has been trying to develop for years.
Finally, Apple will need to harness the power of AI and seamlessly integrate it into its ecosystem. The company launched Apple Intelligence in late 2024, but it has yet to become a major sales driver. Apple will need to continue building out its AI capabilities to improve its products and services, ensuring it doesn’t fall behind its competitors.