According to the Sina US Stock News, November 28, Beijing time, Wedbush analyst Daniel Ives predictsapplesAirPods will be the hottest product for Black Friday this year. AirPods may be in short supply during the shopping season due to a “surge in demand,” he said.
Ives predicts that Apple may ship 65 million pairs of AirPods in 2019, and next year's shipments will be 85 million to 90 million.
Wedbush rated Apple as outperforming the market, with a target share price of $325. Apple's stock price closed at $267.84 on Wednesday, up 1.34%.
Earlier reports said that Apple is stepping up production of AirPods 2 and AirPods Pro products to meet its market demand around Christmas. Supply chain sources say Apple is doubling AirPods Pro orders.