Will This Be The First Trillion Dollar Company?

April 27, 2012 in Daily Bulletin

John Paczkowski reports that one analyst predicts that Apple will become the first company in history to have a market capitalization of more than a trillion dollars. Highlights include:

  • When Apple’s share price hits $1,072 it will be worth $1,000,000,000,000
  • Topeka Capital Markets is predicting that Apple’s share price will hit $1,111 per share in in 2013.
  • An analyst noted that the iPhone 5 and an iPad Mini were expected to launch in that timeframe and would likely drive growth.

To read more details and find out why Apple is a juggernaut, the role that China has to play, and how it’s not just Apple’s share price that is reaching for the clouds, click here.

Source: All Things D