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04-27-2012, 01:07 AM #1
Apple Predicted to Become $1 Trillion Company and be worth $1,111 per share in 2013
Apple recently announced another set of record earnings, which elevated the company’s stock drastically shortly after. The boom continues as the company with the world’s highest market cap continues to smash analyst predictions consistently.
Previously, some analysts were claiming that Apple could possibly hit $1,000 per share by the end of the year but these estimates are being raised after Tuesday’s earning call. According to analyst Brian White of Topeka Capital Markets, Apple is on route to become a $1 trillion company with a market share of $1,111 in the next year. White contends that the valuation is a reasonable one as Apple "appears to be firing on all cylinders."
If you do the math, to become a $1 trillion company, Apple would have to hit a stock price of $1,072 but White is predicting a target of $1,111 per share in the year 2013. White’s previous target was $1,001 and the Cupertino California company is currently worth $570 billion with a market share price of $608 per share. That being said, with the announcement of the new iPhone, new Macs, iOS 6, and the impending release of an Apple branded television set, it wouldn’t be a surprise to see Apple stock soar once again. It’ll be an interesting feat to see what the company can achieve over the next year.
04-27-2012, 02:16 AM #2
- Join Date
- Dec 2007
- Thanked 2 Times in 1 Post
Now who can lend me some money to buy a few shares???
04-27-2012, 03:42 AM #3
I support Apple all the way Who cares if they're going to be the leading provider of EVERYTHING? The world's gonna end soon anyway and if not this year, sometime in the next few years.
04-27-2012, 05:41 AM #4
Does Apple have a scholarship program? That would be great..start training interested individuals to become future Apple pioneers. Too much hush hush over there..open it up and let people in :] All of their secrets get leaked anyway..they pay a lot for secrecy that gets spilled most of the time. Put that money into something that actually gives back. Oh can I borrow $5? haha!
04-27-2012, 05:52 AM #5
Your mom has "spirit" but I used my "pwnage tool" on her all night long and "ultrasn0wed" all over her. haha
04-27-2012, 06:18 AM #6
Can buy shares with my crest card here, maybe I'll trade my liver.Nothing in life is easy.
04-27-2012, 06:47 AM #7
Obviously, only the rich can afford to invest in Apple (I'm not talking about buying 1 or 2 shares)....If there is a better example of "The rich get richer", I would love to hear it!El Zurdo
04-27-2012, 10:18 AM #8
apple... only in my dreams *sigh*
04-27-2012, 10:56 AM #9
I do hope things keep going like this though and honestly even buying 2 shares... that is $1200 that will turn to $2000+ that isn't even that bad of an investment.
Last edited by Norb; 04-27-2012 at 11:01 AM.
04-27-2012, 02:20 PM #10
What's shares at now ? I wish I could of invested before apple was apple I'm sad I wasn't more into investing .. I'd be rich *****!!! Lol