Apple: Global tech demand powers up - expert insights

Apple, in the BizNews share portfolio, has been trading around $130 a share. Taiwan’s export orders, a bellwether of global technology demand, surged 38.3% from a year earlier to $60.55 billion in December, the highest on record, reported Reuters on Wednesday. Taiwanese companies such as Foxconn and Taiwan Semiconductor Manufacturing are key suppliers to Apple, which in September launched its next-generation iPhone 12. Dan Ives, of Wedbush Securities, shares his view on why the Apple share price could stay on an upward trajectory. - Editor