Apple to become world's first $1 trillion company

Discussion in 'Americas' started by Yusuf, Apr 8, 2012.

  1. Yusuf

    Yusuf GUARDIAN Administrator

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    LONDON: Apple will become the world's first trillion-dollar company when its shares top $1,000 each, Wall Street analysts have predicted.

    The technology giant's shares were worth $633.38 last week as its stock price rose above Google's for the first time, the Daily Mail reported Friday.

    Brian White, of Topeka Capital Markets, then claimed Apple's sky-high share price will hit four figures within 12 months - making the company worth $1 trillion.

    He said in his report: "Apple fever is spreading like a wildfire around the world."

    Gene Munster, of Piper Jaffray, followed that up by claiming Apple stock will hit $1,000 - but by 2014.

    The company, based in Cupertino, California, is already the most valuable company in the world currently valued at $590.82 billion, according to the newspaper.

    Just a year ago the shares were changing hands at $341. In January, Apple revealed it had more than doubled its profits to $13.06 billion, compared with $6 billion for the same quarter in 2010.

    Tim Cook, Apple's chief executive who took over from the late co-founder Steve Jobs, said: "We could have sold more if we'd had more supply. We could not be happier."

    Apple's growth is expected to be driven by sales in China, where January's launch of the iPhone 4S triggered a near riot in Beijing, the Mail said.

    Earlier this year Morgan Stanley analyst Katy Huberty predicted Apple could sell 40 million iPhones in China this year. Apple is also expected to move into the TV market after the launch of its set-top box Apple TV.

    http://m.timesofindia.com/PDATOI/articleshow/12578645.cms
     
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  3. Blackwater

    Blackwater Veteran Member Veteran Member

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    Now yusuf will distribute sweets to all apple users:cool2::p:namaste:
     
  4. Yusuf

    Yusuf GUARDIAN Administrator

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    iPhone 5 to come in June!
     
  5. Adux

    Adux Senior Member Senior Member

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    apple zombies! the idiots. Buy Samsung Galaxy Note!
     
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  6. Yusuf

    Yusuf GUARDIAN Administrator

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    Nothing else but this can get you banned :D
     
  7. nrj

    nrj Stars and Ambassadors Stars and Ambassadors

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    iPhones are cool, afterall they use Samsung processors :heh:
     
  8. Yusuf

    Yusuf GUARDIAN Administrator

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    A4 is a Samsung processor? It is manufactured for apple. Not designed.
     
  9. Apollyon

    Apollyon Führer Senior Member

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    I think nrj want to say MANUFACTURED by SAMSUNG ... ;) ...:hmm:
     
  10. Yusuf

    Yusuf GUARDIAN Administrator

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    Apple does not manufacture the phones. Designs and lets the Chinese do the rest apart from having Samsung manufactured processor an also the touch screen.

    Specification and design all apple!
     
  11. nrj

    nrj Stars and Ambassadors Stars and Ambassadors

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    Yes along with A4, all manufactured by Samsung in Austin :sad:

    Apple is one of the largest customer of Samsung in supplying semiconductor components.
     
  12. Godless-Kafir

    Godless-Kafir DFI Buddha Senior Member

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    I mean a over priced gadget company to become number 1? Such things make me lose belief in humanity more. :D
     
  13. Yusuf

    Yusuf GUARDIAN Administrator

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    My ban button has an irreversible mode :D
     
  14. nasavsisro

    nasavsisro Regular Member

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    Means that it comes in world top economy like whole US have 14-15 trillion GDP, China in about 7-8 trillion and india 4-5 trillion. lets see where it goes after Stave jobs
     
  15. nrj

    nrj Stars and Ambassadors Stars and Ambassadors

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    Apple products are for rich people who want to splurge money just for the sake of it even if it gives them less features othan other competant products. No wonder this exchange makes the Apple a trillion dollar company :D
     
  16. Yusuf

    Yusuf GUARDIAN Administrator

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  17. Adux

    Adux Senior Member Senior Member

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    I am trying to save you, the day you bought the Iphone, you lost your membership manhood.
     
  18. Yusuf

    Yusuf GUARDIAN Administrator

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    Troll alert :troll:
     
  19. nrj

    nrj Stars and Ambassadors Stars and Ambassadors

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    Apple iPhone 4S - 45K

    Samsung Galaxy S2 - 28K

    Now tell me who is rich ? :D

    btw iphone 4s has half the features as that of android SGS2
     
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  20. The Messiah

    The Messiah Bow Before Me! Elite Member

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    Apple disgusts me more than right wing religious wankers.
     
  21. nasavsisro

    nasavsisro Regular Member

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    Be Indian Buy Indian :rofl:

    like me !
     

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