Apple Poised To Be The First Company With A $1t Valuation
Mike Sanders / 3 years ago
Apple Set To Be First Trillion Dollar Company
Business for Apple is very good. The grass is also green. Those are two facts you may not have known, but as of 2018, we should begin to see our first trillion dollar company valuations.
Such companies are pretty straightforward to identify. Apple, Facebook, Amazon and Alphabet. You may not have heard of the latter, but they’re basically the parent company of Google. While they are obviously competing with each other in business (in various forms) they are also competing for a completely different thing. Put simply, if one company is going to reach the trillion dollar valuation this year, it’s going to be one of those.
At this, like myself, you might be wondering where Microsoft is in this regard. The short answer is, way behind. Microsoft’s current value stands at circa $280bn, well off the trillion mark.
If any company is going to break the trillion dollar barrier though, Apple seems the most likely contender.
In a report via the Guardian, as of Tuesday, Apple was valued at circa $869bn. Finance experts predict that if the share prices increase this year (and there’s no indication that they will not) then they will become the first company to break the trillion dollar valuation mark.
The current closest is Alphabet (as above, Google) is $140bn behind.
Now considering that Apple only needs a 15% increase in the share price, while that might seem high, it’s worth noting that in the last year alone the shares increased by 47%.
Presumably, Apple can look to spend some of that money to actually trademark Steve Job’s name. The alternative could be the Google Steve Jobs Tablet running Android.
What do you think? Who do you think will be first to top the trillion dollar mark? – Let us know in the comments!