Is Apple going to be the first trillion-dollar company?

May 3, 2011 10:15 PM
Mikko Torikka

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July 9-10, 2013
San Francisco, CA

Apple is the most valuable tech company in the world. And it will be the first company overall to achieve a valuation of one trillion dollars, according to investor James Altrucher of Formula Capital on Yahoo Finance. Apple is currently worth $320 billion, so there’s still a long way to go to that one trillion valuation.

Altrucher believes Apple will make it because of its astounding growth-rate and relatively low global market share in its key markets. Altrucher isn’t even worried about Steve Jobs’ health. He thinks Apple is now large enough and diversified enough to succeed even if Jobs doesn’t return full-time.

But there are other good candidates for being the first trillion-dollar company. When Seeking Alpha’s Alan Sharp listed his five candidates for the trillion-dollar race last September, he named Google, Microsoft, oil and energy giant Exxon Mobile and Australian natural resource giant BHP Billiton in addition to Apple, and his pick was Google.

Apple’s strategy to control the devices, operating system and software may turn against it at some point. And while it certainly has delivered staggering financial results, it may be harder to do so in the future as the company grows and markets mature.

Kennick

One Trillion Dollars, I believe it. Apple has cultivated brand enthusiasts with the Apple Culture. If they continue to build upon this culture, it can happen even with the android platform steadily growing in the background.
$330AShareMakesMeWeep>8.-.(..

A really, really long way to go. For the last six months, Apple barely moved more than a few dollars despite record revenues, changing the computer industry, having a truckload of cash and being able to sell out iPads and iPhones due to extremely high demand. Apple's last quarter was awesome and yet the stock barely moved. I can't imagine what it will take for Apple's share price to reach $1000 which is what it takes to reach a trillion dollars. I think shareholders will be lucky if the stock reaches $400 for the rest of the year as sluggish as Apple's stock has been. Hardly anyone seems to be buying Apple at all.
jalexoid

I think it's simply because Apple's stock hit the ceiling based on the earnings. Investors, and speculators, don't believe that Apple's profits will rise fast enough to cover for the price increase. And probably more people took a broader look at Apple and thought that it can't be worth more than ExxonMobil. Apple's products are, unfortunately for Apple, not essential. And with most profits coming from iPhone, don't expect things to get better.
http://feedproxy.google.com/~r/fastcompany/headlines/~3/9sCaqdlWjjE/apple-news-roundup-apples-earnings-call-os-x-lion-imminent-new-macs-and-mac-sales-googles-sc Apple News Roundup: Apple's Earnings Call, OS X Lion Imminent, New Macs And Mac Sales, Google's Schmidt Lashes Out | Fast Company

[...] company) hovering just above $400 billion. If Apple's trajectory continues, there's a growing feeling the firm may become the largest firm in history, and the first to top a market cap of $1 [...]
http://richestkidoncampus.net/news/apple-news-roundup-apples-earnings-call-os-x-lion-imminent-new-macs-and-mac-sales-googles-schmidt-lashes-out/ Apple News Roundup: Apple’s Earnings Call, OS X Lion Imminent, New Macs And Mac Sales, Google’s Schmidt Lashes Out

[...] company) hovering just above $400 billion. If Apple's trajectory continues, there's a growing feeling the firm may become the largest firm in history, and the first to top a market cap of $1 [...]
http://www.themacmob.com/aapl-worlds-most-valuable-company-this-year/ The MacMob – AAPL: World’s Most Valuable Company This Year? – The MacMob

[...] Pundits are speculating that this fall could see Apple pass up Exxon, with the anticipated release of certain new products. The idea that Apple could be the world’s first trillion dollar company has been voiced. [...]