Why Apple Will Soon Be Worth $1 tn

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Why Apple Will Soon Be Worth $1 tn

(San Francisco)

Here are two simple pieces of math: firstly, Apple is currently valued at around $800 bn; secondly, many analysts expect it to rise by 25% in coming months. That means many on Wall Street see Apple becoming the first $1 tn company. There appear to be three key factors which could propel the stock to $1 tn. These are the prospect for higher iPhone prices, increased profitability as "services" become a bigger part of the company's performance, and more share repurchases. Apple is already the first company worth $800bn. To put its size in perspective, consider that it is worth approximately 60 Twitters.

FINSUM : If the iPhone 8 is as big a splash as it seems like it will be, we wholly expect the stock to reach a $1 tn valuation.

Source: Barron's

  • stocks
  • Apple
  • iphone
  • repurchases
  • services

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

This article appears in: Investing , stocks

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