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!


    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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