Analyst: Apple to become world’s first trillion dollar company within 12 months

“Apple’s stock price has declined around 9 percent from its all-time high of $156.10 in May, but Wall Street analyst Brian White believes the recent sell-off represents ‘yet another buying opportunity’ as investors turn their focus to the so-called ‘iPhone 8’ rumored to launch this fall,” Joe Rossignol reports for MacRumors.

“White, an Apple bull, added that the upcoming iPhone cycle is setting up Apple to reach his $202 price target over the next 12 months, which would value the iPhone maker as over a trillion dollar company based on market capitalization,” Rossignol reports. “Apple’s current market capitalization is around $737 billion.”

Rossignol reports, “In May, RBC Capital Markets analyst Amit Daryanani also said Apple could reach or exceed a trillion dollar market cap within 12 to 18 months…”

Read more in the full article here.

MacDailyNews Take: Yes, we’re been hearing about Apple achieving a $1 trillion market cap for at least six years now, but could the tenth anniversary iPhone propel Apple’s market value to never before seen heights?

SEE ALSO:
How Apple’s market value gets to $1 trillion – May 23, 2017
Gene Munster: Why Apple deserves an historic trillion-dollar valuation – May 22, 2017
Analyst sees Apple’s market value at $1 trillion in a year – May 8, 2017
Apple’s path to first-ever $1 trillion market cap – March 7, 2017
Apple on track to become first ever $1 trillion company – February 17, 2017
Bernstein: Apple could be first to $1 trillion market value, propelled by services revenue – Cramer agrees – May 18, 2016
Apple would be worth $1 trillion if market valued it like Steve Jobs-run company – January 4, 2016
Analyst: How Apple’s market value hits $1 trillion in 2016 – November 10, 2015
Annual iPhone Upgrade Program could power Apple to become world’s first $1 trillion company – September 16, 2015
Analyst: Apple at $1 trillion in a year – May 11, 2015
Dream of $1 trillion valuation for Apple slips away – April 17, 2015
Second analyst sees Apple worth $1 trillion – April 17, 2015
Here’s how Apple gets to $1 trillion valuation in just 12 months – March 23, 2015
Apple eyes trillion-dollar market cap – February 24, 2015
Apple’s stock swoon just a blip on its way to being worth $1 trillion – December 2, 2014
Trillion-dollar baby: Can Apple go where company has gone before? – November 24, 2014
Is Apple about to be the first $1 trillion company? Carl Icahn says yes – November 18, 2014
Omega’s Einhorn: Apple’s market value could hit $1 trillion – November 18, 2014
Apple’s market value primed to go to $1 trillion, creating largest company in history – July 3, 2012
Apple at $1,111 per share with a $1 trillion market cap in the next year – April 26, 2012
Piper Jaffray ups Apple price target to $910; sees world’s first trillion-dollar market cap – April 3, 2012
How Apple can reach $2 trillion market value in 2016 – March 16, 2012
Apple: $1 trillion market cap inevitable? – February 21, 2012
Could Apple become world’s first trillion-dollar company? – January 28, 2012
Altucher: Apple will become a trillion-dollar company; $1,000 a share – May 3, 2011
Apple could become first $1 trillion company in as little as 36 months – April 14, 2011

[Thanks to MacDailyNews Reader “Dan K.” for the heads up.]

21 Comments

  1. Stock Market 101: Wall Street doesn’t control, decide or “set” the price of a stock. Nor does it “reflect” the state of the economy, let alone the state of any company represented.
    For example, the success of Apple (or lack thereof) has no direct effect on the price of Apple’s stock. Rather, when traders are (in general) more interested in selling it than buying it, the price of a stock declines. The opposite is also true.
    If you “Play” the stock market (trade) you quickly discover the only way to make money on a rising stock is to be among the first to buy it (when it is still low). And the only way to avoid losing money on a declining stock is to be among the first to sell it (when it is still high). The net result, folks, is traders don’t watch the company behind the stock. They are watching each other. If a few start selling a stock, the rest rush to sell it, too. If they hear some news (or some analyst’s comments) that they think will cause other traders to react, they will try to be among the first to so react. Thus they become a self-fulfilling prophecy.
    Investors, on the other hand, are interested in the company. They buy and hold for the long term. For them, it’s a savings account with (hopefully) a better return. But because of this, Investors don’t influence price changes in any way.
    Wall Street is not smart, stupid or clueless. People who cry, “They just don’t understand Apple,” don’t understand the market. It’s a mob-mentality, pure & simple. They don’t care about you, me or Apple. They only care about each other and any “skill” they may have is simply the ability to predict what other traders might do before they do it.

    In other words, “traders” are like sheep… If a few suddenly start to run, they all run and in the same direction. Only afterward will analysts attempt to figure out why.
    What’s the solution for Apple? Minimize their reliance/exposure to traders. So, you begin share buy-backs and bond issues – with an eye toward reducing your risk (from traders) or perhaps one day eliminating it! (Get out of the stock market and go private. All they’d really need is lots of money to fund themselves! Hmmm.)
    I’ll get off my soap-box, now.

    1. Very well said. I would add that today with computer training it is even worse. The big companies make decisions faster than humanly possible. Also the big companies can pay to get information a few crucial minutes ahead of other people. Today the sheep are not following other sheep, they are following a robot that looks like a sheep. The Coyote would be so proud his genius idea came true.

    2. “Minimize their reliance/exposure to traders. So, you begin share buy-backs and bond issues – with an eye toward reducing your risk (from traders) or perhaps one day eliminating it!”.

      Why AAPL and other stocks issued so many shares to begin with?.

      1. AAPL, like many other public companies, issue a set number of stocks during their IPO. If the price rises to a high value, some like AAPL perform stock splits that increase the number of shares beyond what they originally issued, resulting in increasing risk (from traders). Stock buybacks just work in reverse to reduce that same risk. It is simply a method of balancing exposure.

        Having said that, stock buybacks that result in retiring those shares does not reduce the ‘ownership’ the remaining shares have in a company. For example if 10% of current shares are bought back by a company and then retired, the remaining 90% of shares now own 100% of the company and raises each share’s value. Similar to reaching the speed of light, the closer a company gets to acquiring all shares (while retiring shares) the more expensive each share will become.

    3. I would add that Wall Street is specifically interested in creating volatility and capitalizing on that volatility to line their pockets. They aren’t sheep or herd mentality. They are wolves that prey off the sheep who they want to “trade” rather than invest for long term.

  2. I remember when Microsoft was going to be the first trillion dollar company; now they are laying off people. I will believe it when I see it. It’ not impossible, however unlikely. The iPhone “8” (I think it will be called Edition) will have to be mind blowing and India goes nuts for the SE.

    I would love to see Apple use the same glass they use on the stainless steal Apple Watch. Through in the ceramic body on the Edition Watch and it would be mind blowing.

  3. Even though Brian White had a track records predicting AAPL would hit $777 before split, I’d only believe it when I see it with my own eyes. Apple at $202 is seem so far and beyond if not impossible.

        1. He is doing that — running the US — poorly, too.

          So he should not attend meetings with foreign governments. That includes hosting visits with them in the US or visiting them elsewhere. He should also forbid anyone from the US government doing so: he can eliminate the State Department. It would save Americans a lot of money. And then Trump and his pals can cut taxes for the wealthy, eliminate health care for many poor, and proceed to Make America Grape Again.

          What does the world have to do with our problems — right ? And if any American is poor, that’s _their_ problem, not the government’s — right?

            1. You can insult the major media all you want, but you are just making a fool of yourself. This is major worldwide news. All the media have picked it up. Just because you do not believe it, does not make it fake. Meanwhile, Trump & Fools are making more idiotic claims today about Comey illegally distributing classified information. It is simply & factually incorrect. And people like you buy it. Sad.

              You will have to do better than Fox & Fools and Breitbart bullies.

              You should get out more; maybe even see the world. It is a big, interesting place. Although some people do not travel well — they want Budweiser in Paris and McDonald’s in Rome, European hotel rooms are way too small, and darn it, they all talk funny ! — and something tells me you are one of them. Too bad. It is difficult to have a _Weltanschauung_ if you have not travelled the world. It opens your eyes.

            2. Ooooo. So impressive. He used an umlaut. He must be sooo sophisticated and worldly. He must give impressive Fahrvergnugen…

  4. Does anyone really believe Apple will ever reach a trillion dollar market cap? Tim Cook is so darn conservative to try anything risky that will considerably boost Apple’s revenue. I feel certain selling more iPhones isn’t going to be enough to make the big investors bite on Apple stock.

  5. You’ve nailed it. All the sheep are chasing the FANG stocks, leaving Apple out in the cold. I’m glad Apple continues to do stock buybacks is so hopefully, they can keep increasing dividends with less strain on the company’s finances. However, I do hear people complaining about those stock buybacks. They claim Apple is cheating to boost the EPS so the stock only appears better on paper than it actually is. Whatever. At this point, I’m into Apple for the dividends and not necessarily share gains.

Reader Feedback

This site uses Akismet to reduce spam. Learn how your comment data is processed.