Apple (AAPL) and the Never Ending $1 Trillion Speculation
There has been lot of speculation regarding Apple Inc AAPL reaching the $1 trillion mark.
For a while now, analysts have been predicting that Apple will be the first company to reach the trillion dollars valuation. Per a recent report by GBH Insights analyst Daniel Ives, as quoted by Investors Business Daily, iPhone X cycle could help Apple reach the milestone figure as early as next year.
Apart from iPhone X, the analyst adds that the fast booming Services business and the rebound witnessed in China could propel Apple to new highs. A cash pile of $250 billion could help Apple make strategic acquisitions (Netflix, Walt Disney, Tesla and the rumors go on) and carry on with its gigantic shareholder return plan.
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