Ap­ple Inc. Not Far From the $1 Tril­lion Mar­ket Value

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Ap­ple Inc. made a record in Fe­bru­ary 2015, when its mar­ket val­u­a­tion reached $774.7 bil­lion. But in the first quar­ter (Q1) of 2017, Ap­ple made yet an­other record that broke all its pre­vi­ous records and be­came the first com­pany to reach a mar­ket val­u­a­tion of $800 bil­lion.

Af­ter this mile­stone, the Sil­i­con Val­ley gi­ant has un­doubt­edly be­come the first ever pub­lic­trad­ing com­pany to achieve this feat. Ap­ple be­ing the most valu­able com­pany in the Sil­i­con Val­ley, has be­come even more valu­able af­ter reach­ing the $800 bil­lion mark. To record this feat, not only in the Sil­i­con Val­ley, Ap­ple in fact has be­come the first gi­ant com­pany of the U.S to achieve this mark.

The Cu­per­tino com­pany also saw an all-time high in its share prices at $153.99, a 0.6 per­cent rise due to this val­u­a­tion. In mar­ket cir­cu­la­tion, Ap­ple has al­most 5.2 bil­lion shares.

More­over, Brian White, an an­a­lyst at Drexel Hamil­ton es­ti­mated Ap­ple Inc.’s 12-month price tar­get of per share at $202. This is a sign to­wards a ma­jor pos­si­bil­ity that the Sil­i­con Val­ley gi­ant is paving its way to­wards hit­ting the mark of $1 tril­lion mar­ket val­u­a­tion very soon.

How­ever, Ap­ple is see­ing a stag­nant phase in the sales of its Macs, ipads, and iphone units. Yet, the com­pany is show­ing signs of growth in its mar­ket value. As a strat­egy for the fu­ture, Ap­ple CEO, Tim Cook plans to tar­get the higher-mar­gin ser­vice seg­ments like the App store and icloud, along with bring­ing new prod­ucts to the mar­ket such as the Air­pod wire­less head­phones and Ap­ple Watches.

Even though Ap­ple Inc. is not see­ing a pink phase in its sales, we think that once the stag­nant phase of sales is over, this com­pany will strongly move to­wards the $1 tril­lion mark and it will man­age to achieve the same. So even if reach­ing the mar­ket val­u­a­tion of $1 tril­lion is maybe a few years away, it is def­i­nitely not a small spec­u­la­tion.

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