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When will AAPL hit $1T in market cap?

renman95renman95 Posts: 7,037 ✭✭✭✭✭
It's currently $751B with a share price of $129.09.

Just one year ago it was hanging around $75. Some are saying this year. I'm thinking a couple of more years until $1T...July 2017...share price around $174.

(It's relevant to PM's because of the gold iWatch.)
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Comments

  • BAJJERFANBAJJERFAN Posts: 31,083 ✭✭✭✭✭
    I think it will take another big product to get them to the $1 trillion mark. December of 2017 maybe.
    theknowitalltroll;
  • cohodkcohodk Posts: 19,155 ✭✭✭✭✭
    In 2000 Cisco was the most valuable company with a market cap of about 550 billion. This was about 5.3% of the US gdp. Today Apple market cap is about 4.3% of US gdp so to reach a similar % of US gdp the stock would need to trade at about $165 and be worth around $965 billion.

    Excuses are tools of the ignorant

    Knowledge is the enemy of fear

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