Apple will soon be true a thousand billion dollars?
Even if in recent weeks the price of Apple shares has fallen by around 9%, the analyst of Wall Street's Brian White believes that this sell-off represents an important buying opportunity in the coming months: within a year, in fact, Apple could become the first company in the world to be worth a thousand billion dollars.
White believes that the iPhone 8 will be the driving force for the increase in the value of Apple shares, so as to capitalise further and achieve the value of a thousand billion dollars:
In our opinion, the quarterly results of Apple will be less important than usual, because investors are focusing a lot on the next iPhone. We believe that investing in shares AAPL is always a bargain, especially in this period.
In the next 12 months, Apple shares could be worth 202$, so as to capitalize the company for a total of close to one thousand billion dollars.
Currently, the market capitalization of Apple is about 737 billion dollars, and then the finish line is close enough. No company in the world that has achieved this milestone.
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