According to news on January 4, with Apple (AAPL.O) becoming the first US company in history to have a market capitalization of $3 trillion. Gene Munster, an analyst at Loup Ventures, said recently that the logic of Apple’s next rise lies in Metaverse.
Apple is expected to seize the opportunity of the metaverse through the AR function of mobile phones and the introduction of AR/VR glasses. He predicts that Apple may release a product preview version in 22 years and a commercial version in 23 years. Therefore, it is estimated that Apple may rise to $250 in the future, which is equivalent to a market value of 3.8 trillion.
In addition, he said that as investors consider its potential market size to continue to expand, Apple’s aggressive entry into Metaverse will further expand its price-earnings ratio. In the field of metaverse, Meta (FB.O) is another potential winner among large stocks. But the biggest risk is that the P/E ratio will not expand as he expected, and investors are more on the sidelines of Metaverse.