What concerns are raised regarding the potential failure of the upgrade supercycle?
Apple's Stock Could Top $350, Says Wedbush's Ives
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The video discusses Apple's stock performance, highlighting a target of $350 per share due to a predicted Super Cycle driven by 5G technology. The speaker explains the potential for significant growth based on the large number of iPhones due for an upgrade. However, risks are acknowledged if the Super Cycle does not occur as expected. The analysis includes insights from Asia, suggesting a strong 5G product cycle, despite potential short-term challenges.
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How does the speaker assess the visibility of the product cycle for 5G?
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