J.P. Morgan expects Apple’s Sept. 15 announcement to boost Apple’s share price, as Apple will launch a new Apple watch and possibly launch an iPhone. In an investor report seen by Apple insider, J.P. Morgan analyst Samik Chatterjee reiterated that despite its current high valuation, apple still has room for growth. < / P > < p > ahead of the launch on September 15, Chatterjee pointed out that the current weakness in stock prices could break the historical sentiment of “selling on the news.”. Chatterjee said this would be driven mainly by AW series 6. In addition, the analyst added that Apple may still announce some “iPhone 12” models in its digital keynote. < / P > < p > Chatterjee said that if a new iPhone was released during the event, it could bring a greater surprise to the “moderate delay.”. Combined with the iPhone production report, which began in mid September, the analyst predicted that Apple might be able to ship some iPhone models by mid October. “Therefore, it is not ruled out that aw, iPad and iPhone will be released simultaneously on September 15,” he wrote. < / P > < p > Chatterjee also expects apple to launch a new aw at the launch, which may drive first-time buyers’ purchases and drive the growth of Apple’s wearable devices. He predicts that there will be a service bundle. < / P > < p > for the iPhone 12 series, Chatterjee believes Apple will release a 5.4-inch, two 6.1-inch and a 6.7-inch model. He expects the two high-end devices to be equipped with mmwave, while the low-end 5.4-inch and 6.1-inch devices will be equipped with low-frequency 5g. Chatterjee has maintained its 12-month target for Apple’s share price at $150, based on its expected earnings per share of $4.96 and a mixed P / E ratio of 30 times. Epic Games accused Google of monopolizing the latter, which may have a better chance than apple

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