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J.P. Morgan positive about Apple

J.P. Morgan positive about Apple

They project Apple Arcade subscriptions will grow significantly, powered by the ramp in popular titles, reaching an

estimated 70 million members by 2025. Similarly, the analyst expects Apple Music to maintain its

position as the second largest player in the streaming sector. They anticipate that the addressable

revenue opportunity for steaming revenues would be roughly 55 billion USD in 2025, driven by 900

million customers. Interestingly, while the majority of music streaming firms continue to expand, the

impact of a more competitive environment has recently begun to restrict growth for the larger

incumbent companies, like Apple Music, at the expense of the most recent arrivals. Despite slowing

growth, Chatterjee expects Apple Music to generate 7 billion- USD in sales by 2025, propelled by

growing adoption.

Amid the big sell-off on stock markets, Apple’s stocks are down 3%, despite the positive forecasts

about the company.

apple

Movement of Apple’s stocks in the last five years. (Source: Trading Economics)

Sources:

https://tradingeconomics.com/aapl:us

https://forums.macrumors.com/threads/morgan-stanley-predicts-apple-tv-could-be-a-9-billion-business-by-2025.2207391/

https://www.investing.com/news/stock-market-news/apple-music-to-reach-7-billion-of-revenues-by-2025--jp-morgan-432SI-2836402