Apple’s value in 2030 will likely reach between 5 trillion and 8 trillion dollars in market capitalization, based on analyst forecasts projecting stock prices from around 500 dollars per share up to over 700 dollars, driven by growth in AI, services, and new devices, though risks like competition and geopolitics could lower that figure.[1][2][3]
Right now, Apple stands as one of the biggest companies on the planet, with a market cap that already tops 4 trillion dollars. That means the total value of all its shares combined puts it ahead of most rivals in tech. Investors watch it closely because of its strong brand, loyal customers, and steady flow of profits. But looking ahead to 2030, which is just five years from today, people want to know if it can keep climbing or if something might hold it back. Forecasts from experts give a range of ideas, but most point to solid growth if Apple plays its cards right.
One key driver for Apple’s future worth is its push into artificial intelligence, or AI. Analysts at BofA Securities see AI as a game changer. They predict Apple’s earnings per share, which is a measure of profit per stock share, will hit 13.79 dollars by 2030. That comes from a steady 14 percent yearly growth rate starting from 2024 levels.[2] AI will make iPhones smarter, help with everyday tasks like editing photos or summarizing emails, and tie into services like Siri. This could boost sales because people upgrade devices to get the latest AI features. CoinPriceForecast agrees, saying shares could reach 500 to 520 dollars by 2030, thanks to rising profits and demand from investors.[1]
Services make up another big part of why Apple could be worth more. Think of things like Apple Music, iCloud storage, Apple TV Plus, and the App Store fees. These bring in money every month without needing to sell hardware. Right now, they grow faster than iPhone sales. By 2030, experts expect this to keep expanding, especially with AI adding premium features you pay extra for, like advanced subscriptions. 24/7 Wall St. highlights how Apple Intelligence, Apple’s AI system, could link all devices and even smart home gadgets outside its ecosystem. This full integration might push people to buy more Apple products to stay in the loop, driving the stock to 717.90 dollars per share by 2030, a jump of over 157 percent from recent prices.[3]
iPhone sales remain the backbone. Morgan Stanley forecasts over 250 million iPhones shipped in fiscal year 2027 alone. That comes from better upgrade cycles, where old phones get slower on purpose to nudge users to new ones, plus exciting launches. A foldable iPhone could be huge. Imagine a phone that flips open like a book, with a bigger screen for work or movies. Morgan Stanley’s best case sees the stock at 376 dollars if foldables and AI take off.[2] But not everyone agrees. Jefferies worries the market for pricey foldables is small, like what Samsung faces, and they downgraded Apple stock because expectations seem too high.[2] Still, Apple’s brand pulls customers who pay premium prices, unlike cheaper Android options.
New products beyond phones add to the upside. Apple Watch, AirPods, iPads, and Macs keep selling well. Vision Pro, the mixed reality headset, might evolve into cheaper versions or glasses by 2030. If it catches on for work, gaming, or health tracking, it opens fresh revenue. Laptops and desktops could get AI boosts too, like faster chips for video editing or coding. StockScan thinks shares could top 1,000 dollars long term, fueled by revenue jumps from these lines.[1]
To figure out market cap, you multiply stock price by shares outstanding. Apple has about 15 billion shares. At 500 dollars per share, that is 7.5 trillion dollars. At 520 dollars, it nears 7.8 trillion. At 717 dollars from 24/7 Wall St., it hits over 10 trillion, but most forecasts stay under 8 trillion.[1][3] Earnings growth supports this. BofA sees the price to earnings ratio dropping to 28 times by 2027, meaning the stock looks cheaper as profits rise.[2] Loop Capital and Morgan Stanley rate it buy or overweight, with targets around 300 dollars short term, pointing to steady climbs.[2]
Growth numbers back this up. From 2021 to 2024, revenue hovered around 380 to 390 billion dollars yearly, with profits near 100 billion.[3] Analysts expect services and AI to push revenue higher, maybe 10 to 15 percent yearly compound growth. If EPS grows 12 percent through 2030, it reaches 13.52 dollars, per some models comparing to chip makers.[4] Apple’s own chips, like the M series and A series, cut costs and beat rivals, strengthening its edge.
But risks could drag the value down. China is a worry. Huawei dominates smartphones there, cutting Apple’s slice. A Taiwan invasion would wreck chip supply from Taiwan Semiconductor, halting MacBooks and more. 24/7 Wall St. says that drops their 2028 target from 505 dollars to half, around 250 dollars, shifting focus to US and Europe.[3] Export rules from the US already limit sales. Geopolitics adds uncertainty.
Competition heats up too. New chip makers challenge Apple’s designs. Google, Samsung, and Chinese firms push AI phones. Android gets cheaper AI tools, pulling budget buyers. Regulators watch closely. Antitrust suits could force App Store changes, hurting fees. If AI disrupts search ads, it hits partners like Google, indirectly Apple.
Investor demand stays strong. Apple pays dividends reliably, buys back shares, and has cash piles for investments. Many call it a safe long term bet amid market ups and downs.[1] Forecasts show 60 to 100 percent stock gains in coming years, depending on earnings and product hits.[1]
AI ties into cloud tech too. Apple invests here, competing with Amazon and Microsoft. Data centers for AI training need power, but Apple’s efficiency helps. Product expansion, like cars or home robots, could surprise. Rumors of Apple Car persist, though delayed. Health tech in watches might lead wearables market.
Wall Street splits on pace. BofA loves the AI story, Morgan Stanley bets on shipments, but skeptics like Jefferies flag overvaluation. 24/7 Wall St. goes boldest at 717 dollars, assuming AI subscriptions and ecosystem lock in users.[3] CoinPriceForecast stays conservative at 500 to 520.[1] Average around 600 dollars per share seems fair, for 9 trillion market cap, but adjust for shares retired via buybacks.
Buybacks matter. Apple spends billions repurchasing stock, shrinking shares outstanding. That boosts EPS and supports price. From 15 billion now, it might drop to 14 billion by 2030, lifting market cap math.
Economy plays a role. Low interest rates help tech valuations. Recession could slow upgrades. But Apple’s loyal base buys anyway.
Global trends favor Apple. Aging populations want easy tech. Emerging markets grow middle classes cravin