Second analyst sees Apple worth $1 trillion

“On Thursday, with a new pair of analysts assigned to [Apple Inc.], FBR re-initiated coverage with a market-high price target of $185,” Philip Elmer-DeWitt reports for Fortune.

At that price, Apple’s market value would exceed $1 trillion.

“To get to $185, FBR’s Daniel Ives and James Moore had to multiply their 2016 EPS estimate by 20,” P.E.D. reports. “Apple’s 12-month trailing P/E ratio — the one that matters, I’m told — is 17.03.”

More info, including current price targets for Apple from many analysts, in the full article here.

MacDailyNews Take: To the moon!

9 Comments

    1. Hahahaha trolls are up early ,

      Well dickheads, NOTHING you can do about the reality amd the truth… Hahahaha

      👹👹👹👹👹👹👹👹👹😀😀😀😀😀😀😀👹👹😀😀

        1. A.I’v been saying to the Moon Apple for many uears.

          Smileys are to annoy the paid down-voting bot TROLLs that have invaded this website and others as of late.

          😆😆😆😆😆😆😡😡😡😡😡

          1. Do your typos have the same goal? Smileys annoy all visitors, especially when they start from the very first comment. Pretty childish way to behave, if I may be frank.

            1. I don’t know why you feel forced to insult everybody with the slightest criticism toward yourself, MDN or Apple, but I don’t care, I’ll leave it up to you. You’re kinda funny in your predictability.

  1. AAPL share price will need to rise ~35% to reach the $1T market cap. That’s assuming the current # of shares but we all know Apple have been guying them back so the cap value may be lowered.
    An increase of 35% is feasible but it needs the market to have a good reason to get people to buy in. Apple Watch success is likely but a nice surprise in adoption will be needed.

  2. Thanks to the efforts of the Federal Reserve over the last 100 years, the federal reserve note is now only worth about 1/100th of its value at the time of the Fed’s creation.

    At the present rate of devaluation, every company in the S&P 500 will be worth $1T or more in a decade or so. Assuming the country lasts that long…

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