iPhone 12 could propel Apple shares beyond $500

Apple shares are again hovering near an all-time high after nearly tripling over the past five years, but Wedbush analyst Daniel Ives recently claimed the stock still has a “lot of gas left in the tank” and hiked his price target on the stock from $375 to $425.
Leo Sun to The Motley Fool:Furthermore, Ives believes Apple’s stock could eventually hit $500 a share in a “bull case” scenario, buoyed by rebounding sales in China, pent-up demand for the iPhone 12 amid 5G u