On Thursday (October 29), Apple will release its fiscal year 2020 fourth quarter results after U.S. stock trading. Investors are expected to focus on the demand for new products, including 5g iPhones. Apple’s fourth quarter revenue is expected to be $63.98 billion, with earnings per share expected to be $0.71. Earlier this month, Apple launched four iPhones in an attempt to break the cycle of sluggish growth in its flagship products. All new iPhones support 5g technology, and their data transmission speed is 10 times faster than the current 4G LTE technology. < / P > < p > at the same time, Apple has dramatically changed the look of the iPhone 12, making it look flatter, reminiscent of the iPhone 4. The price of the new iPhone is roughly the same as last year, with the iPhone 12 Mini being the cheapest model. < p > < p > after iPhone sales peaked three years ago, apple tried to boost its most profitable business with the new iPhone. However, a public health incident has caused millions of people to lose their jobs, making it difficult for more and more people to afford expensive iPhones, which has raised uncertainty about the future of the iPhone business. However, many analysts believe that the competitive pricing of Apple’s latest model and the support of its faster 5g network may attract the company to upgrade its iPhone in large quantities, thus opening up a new “super cycle” of the iPhone. < / P > < p > despite the negative impact of the public health crisis, some analysts remain bullish on apple and suggest investors continue to buy apple, even though its share price has risen 60% this year. JP Morgan analysts believe that considering the combined impact of a variety of positive factors, it is right to bet on apple. JP Morgan said strong demand for older and new iPhones, the best wearable device experience, and strong growth and resilient service products are the driving forces behind Apple’s performance and share price. < / P > < p > even though public health events and the global economic recession can’t provide enough impetus to the sales performance of Apple’s new iPhone, Apple has successfully promoted its strategy of reducing hardware dependence and promoting diversification. < p > < p > Apple CEO Tim Cook has successfully exploited the advantages of Apple’s huge ecosystem, driving revenue growth through businesses such as app store, streaming music and wearable devices including apple watch. < / P > < p > although the performance of the iPhone business has stagnated, the above new areas have grown strongly. In the last fiscal year, the wearable category grew by 40%, while revenue from the services business grew by 16.4%. < / P > < p > and there is no reason to think that the expansion rate of these businesses will slow down rapidly, especially during the epidemic period, when consumers are trapped at home and no longer go to physical entertainment venues. In order to seize this opportunity, Apple launched the “apple one” subscription package last month, which combines Apple Music, Apple TV + and icloud cloud storage services. The price is lower than the sum of the services. < / P > < p > even though Apple’s share price has risen 60% this year, apple is still an attractive stock. Apple’s innovation capability, growing service business and wearable device business are solid reasons to continue to see more apple. Even if the iPhone hasn’t started a new super sales cycle this quarter, Apple has the potential to generate a lot of revenue from its existing user base. Analysts believe that if Apple’s share price falls after the financial report is released, it will be a good opportunity to buy. The iPhone 12 keynote has been recorded in Apple park

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