Wall Street analysts think that Apple shares will soon rise enough for the company to reach a trillion-dollar valuation: Drexel Hamilton analyst Brian White forecasts that Apple could be a $1.2 trillion company within a year, while RBC Capital Markets analyst Amit Daryanani is equally as optimistic.



Apple could be the world’s only trillion-dollar company, but it wouldn’t be the first. The spice trading Dutch East India Company, founded in 1602, was the first to go public and at one point was valued at over $7 trillion when adjusted for inflation. Wall Street analysts, including White, have been prognosticating Apple becoming a trillion-dollar company since as early as 2012.

Discussion

Source: [H]ardOCP – Apple Is 0 Billion Away from Becoming World’s Only Trillion Dollar Company