Apple Analyst Valuation Tops One Trillion – Yes, That’s with a “T”!

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Apple Analyst Valuation Tops One Trillion - Yes, That's with a "T"! Listen to this article

Apple today become the first company to earn a $1T (Trillion!) valuation from Wall Street. Cantor Fitzgerald put a price target on Apple shares that value the iPhone maker at more than $1T. Most of this is due to the company strengthening its position in China and preparing to introduce a watch.

I suspect continuing to sell a boatload of high margin iPhones every day is a factor as well. The brokerage thinks shares could go as high as $180, which then would value the company at $1.05T based on Apple’s shares outstanding January 9.

Apple Analyst Valuation Tops One Trillion - with a "T"!

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About the Author

Wayne Schulz
Wayne is a diehard Android user and consultant specializing in Sage 100 ERP Accounting Software. He lives in Glastonbury CT with his two children. When not helping them with their homework or pushing the latest school fundraiser off on his co-workers, he is active hiking and investigating all manner of technology.