Apr 14, 2021 03:39 PM (GMT+8) · EqualOcean
Samik Chatterjee, an analyst at JPMorgan Chase, published a research report saying that the US government's plan to raise the statutory federal tax rate and reform the global intangible low tax revenue will have a negative impact on Apple's profits. The analyst kept his forecast for iPhone sales in 2021 unchanged, with Apple's 12-month target price of $150.