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Apple: The First Trillion Dollar Company in the Making?

  MPC Team

Currently, Apple is the most valuable company in the entire world. Thanks to the Apple iPhone that has helped Apple got this status. Today, the company is valued at around $752 billion. According to an analyst, the tech giant will be the first company ever to be valued at one trillion dollars. The push behind this development will be the 10th anniversary iPhone model.

Apple The First Trillion Dollar Company in the Making

Interestingly, Apple is one of the most undervalued firms trading in the United States markets. The company made a bottom last May and is likely to touch $202 figure over the coming months. With 5.4 billion shares outstanding, the firm must hit $185 to reach $1 trillion. There is a good chance that investors will take more interest before the end of the year as a new premium priced upcoming iPhone together with the Apple Home Pod are on their way.

So it is expected that Apple will have a valuation that starts with a “T” (trillion) pretty soon.

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