Morgan Stanley: India to account for 20% of Apple’s user growth over the next five years

MacDailyNews
Jul 18, 2023, 4:00 pm289 pts
Morgan Stanley analysts estimate that India could account for 15% of Apple’s revenue growth and 20% of its installed base growth over the next five years. The analysts increased their price target for Apple to $220 and said that the company could generate $40 billion in revenue from India over the next decade.…

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