Apple‘s stock has performed well over the last year, rising by over 25% on account of increased optimism surrounding the iPhone business and solid growth of the company’s Services business. In this analysis, we outline an upside scenario, which could see another 30% of upside to the company's valuation, at levels of about $230 per share. Our base case estimates are for the market price of about $178. We have created an interactive dashboard for the upside scenario. You can come up with your own estimates for Apple’s stock by dragging the blue dots on the charts for Apple’s smartphone market share, iPhone ASP, service revenues, net margins and valuation multiples.

Source: Forbes February 20, 2018 19:30 UTC