Where will Apple’s stock price be in 5 years?

As of this writing, Apple is the world’s most valuable company, with a massive market cap of $3.57 trillion. So, where will Apple’s stock price be in 5 years?
Neil Patel for The Motley Fool:
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Apple is already such a massive company that it’s becoming increasingly difficult to drive meaningful growth. Unless a revolutionary new product is introduced, I don’t see this changing.
In order to bolster this already powerful ecosystem, Apple is aiming to make a bigger splash in artificial intelligence (AI). Management announced features like enhanced writing tools, an improved Siri, and ChatGPT integration, among others, that will come equipped in the newest iPhone model, set to be released later this year. The hope is the addition of AI will drive greater iPhone sales, as people find that having access to these features is essential to their daily lives. Time will tell if this all works out, though.
In my opinion, it might now be too late to add Apple to your portfolio… According to Wall Street consensus analyst estimates, the business is expected to increase revenue and earnings per share at compound annual rates of 5% and 10%, respectively, between fiscal 2023 and fiscal 2026. I’d expect these trends to continue even further out than that, which makes me think that Apple shares will underperform the broader Nasdaq Composite Index over the next five years.

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MacDailyNews Take: Neil is on record and has now been iCal’ed.
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