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Here's what's nuts: Apple’s market cap is just under $900 billion dollars[1]; as crazy as it sounds, unless something totally unforeseen happens, they could be
by alwillis 9y ago
Here's what's nuts:
Apple’s market cap is just under $900 billion dollars[1]; as crazy as it sounds, unless something totally unforeseen happens, they could be at a $1 trillion market cap a little over a year from now, after 2018's holiday quarter with a full year of iPhone 8/8+/X sales, the successor of the iPhone X, plus sales of the iMac Pro starting at $4999 each and the Mac Pro and all of the rest of lineup.
[1]: https://ycharts.com/companies/AAPL/market_cap#recessions=false&series=calc:market_cap,type:company,id:AAPL,,calc:market_cap,type:company,id:XOM&maxPoints=550&zoom=5&format=real https://ycharts.com/companies/AAPL/market_cap#recessions=fal...
- pdog 9y agoWhether they're a $1T company in that timeframe (one year) mostly depends on the strength of the U.S. dollar, given that the majority of their revenue comes from overseas.
- alwillis 9y agoProbably not. Apple routinely adjusts their pricing based on the strength or weakness of the dollar. On the quarterly conference call with analysts, Apple talks about their hedging programs against exchange rate fluctuations.