How Apple’s market cap could reach $1 trillion

“Apple is getting closer to the $1 trillion mark,” Evelyn Cheng reports for CNBC. “Shares of the iPhone maker hit another all-time high Wednesday. At $163.89, they are just $30 a share away from making Apple the first U.S. company to cross the $1 trillion threshold in terms of market capitalization.”

“That would put Apple’s size slightly less than the gross domestic product of Mexico but among the top 20 economies worldwide,” Cheng reports. “It is the second straight day the stock hit a record — and the 29th time this year — as anticipation builds for the iPhone 8, which is expected to be introduced this fall.”

“Apple shares would only need to rise another 18 percent from this level to achieve that milestone, based on calculations using FactSet data,” Cheng reports. “Apple has 5.17 billion shares outstanding and could reach the $1 trillion-dollar market cap level if its shares rose to $193.61.”

“In 11 previous iPhone announcements, Apple shares have climbed a median of nearly 27 percent in the time period between two weeks before each announcement to six months later, according to Kensho, a data analytics tool used by hedge funds,” Cheng reports. “‘It continues to be a bet on the iPhone, with a great deal riding on how well the iPhone 8 does,” Aswath Damodaran, a professor of corporate finance and valuation at New York University’s Stern School of Business, told CNBC in an email. ‘If it does well, I think [Apple] will make the trillion dollar market cap,’ he said. ‘If the iPhone 8 does badly, all bets are off.'”

Read more in the full article here.

MacDailyNews Take:

My favorite things in life don’t cost any money. It’s really clear that the most precious resource we all have is time. – Steve Jobs, 1985

RBC: Oh, yes, Apple is primed to be the first company to hit the $1 trillion market cap mark – August 9, 2017
Apple: First trillion dollar baby? – August 4, 2017
Why Apple’s market cap is going to $2 trillion – August 2, 2017
Analyst: Apple to become world’s first trillion dollar company within 12 months – July 7, 2017
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


    1. You also forgot Alphabet beating Apple to the $1T mark. Global Android market share percentage must be around 98.9% by now. Every day I hear about Apple’s rapidly declining iPhone market share percentage. How does Apple manage to survive those constant losses?

      1. Market share does not equal user base. Android’s market share is ginormous simply because it’s used on very cheap devices that are being replaced and purchased at a much higher rate than iOS devices.

        I know a few people who have replaced their Android phones several times in the past couple of months because they were nothing but cheap pieces of crap.

        According to Google’s own numbers, iOS user base is about half of Android’s; ~ 1 billion vs. 2 billion.

  1. Thats an 18 percent increase over the current price.
    Not impossible but that is a significant growth. May happen by the end of the year but that depends on whether the market has already priced in the new products coming in the fall.

  2. If the iPhone 8 does badly, all bets are off? That seems pretty vague. What will be considered good? 50 million, 60 million, 70 million iPhone units in the first weekend?

    Those Wall Street jackasses set whatever ridiculous number they want and pass their almighty judgment. I honestly can’t imagine how big investors can be so stupid and greedy.

Reader Feedback

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