Just as it was the first company with a market valuation of $1 trillion, $2 trillion, and $3 trillion, Apple will be the first company to hit a $4 trillion market cap, says Wedbush Securities’ Dan Ives.
Apple will be the first company to ever reach a market valuation of $4 trillion, swiftly followed by Nvidia and Microsoft, according to Ives. That’s a triple endorsement for AI to boost devices, chips, and software sales. And the analyst’s enthusiasm isn’t limited only to the biggest companies.
“We expect tech stocks to be up another 25% in 2025 under our base case,” Ives wrote in a research note.
Among other individual stocks, Ives picks out electric-vehicle maker Tesla as set to reach a market value of $2 trillion by the end of 2025, up from around $1.36 trillion as of Wednesday’s close.
MacDailyNews Take: The most valuable company on earth is still wildly undervalued! $5 trillion will be here before you know it, AAPL shareholders!
Trillion, schmillion. Over time, Apple will go much higher than that. The company is currently horribly undervalued. – MacDailyNews, March 1, 2018
The next ten years are going to be absolutely amazing for Apple. The company has just started to really get going! — MacDailyNews, August 2, 2017
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How much a share for AAPL reaching $4 trillions, does anyone know?.
Approximately 265