Apple – the first business to hit $1 trillion?

Macworld Australia Staff
24 September, 2012
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If Apple continues at the pace its currently travelling, the company is set to hit US$1 trillion, according to industry estimates.

In a report by Nick Bilton of the New York Times, various ‘statisticians and investors’ say Apple, at a conservative estimate, will be the first company worth US$1 trillion on April 9, 2015. Other industry figures expect the milestone to come much sooner, predicting August 16, 2013. The Cupertino-based company is currently valued at US$656 billion.

The report points to Apple’s expansion into the mobile market with its slew of iOS products – including the top-selling iPhone and iPad – as the force behind increasing revenue.

Apple’s trajectory in the stock market has also reached an all-time high, with shares doubling in price in the last year, following  the death of Apple co-founder Steve Jobs.

What do you think  – can Apple hit $1 trillion? And, if so, when do you predict it will happen? Let us know in the field below.

@grace_robinson_

2 Comments

2 people were compelled to have their say. We encourage you to do the same..

  1. cockeldoodadoo says:

    YES

  2. Paul says:

    Not bad from a company that had no money and was about to be closed down all those years ago.

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