With stock prices soaring over $600 per share, Apple is well on their way to being the world’s first Trillion dollar company. Experts predict that when stock prices reach $1,000/share Apple will be valued at $1 Trillion. Impressive. Hit the jump for more.
Daily Mail – Apple will become the world’s first trillion-dollar company when its shares top $1,000 each, Wall Street analysts have predicted.
The technology giant’s shares were worth $633.38 last week as its stock price rose above Google’s for the first time.
Brian White, of Topeka Capital Markets, then claimed Apple’s sky-high share price will hit four figures within 12 months – making the company worth $1trillion.
He said in his report: ‘Apple fever is spreading like a wildfire around the world.’
Gene Munster, of Piper Jaffray, followed that up by claiming Apple stock will hit$1,000 – but by 2014.
The company, based in Cupertino, California, is already the most valuable company in the world currently valued at $590.82billion (£372billion).
