Apple Stock News: Possibilities of Becoming a $1 Trillion Company

Apple Stock News:

For the latest Apple Stock News, AAPL closed at $158.63 per share on September 8th, 2017. It generated a return of -1.63% from its previous close on September 7th, 2017, when it closed at $161.26 per share.

Expectations for a stock spike have become more and more intense as the date of Apple’s unveiling of their three new iPhones approaches.  In two days we will finally know all of the new features and specifics that the new smartphone will offer. This will give much more clarity to investors that are not sure whether Apple Inc. is a good investment or not.

However, there are very optimistic investors out there, with many believing that if the iPhone is a home-run, then Apple has a shot of becoming a $1 trillion company. With a market capitalization of $830B, Apple actually has a realistic chance to get to reach the milestone by 2018. This chance is only attainable if every segment on Apple has strong performance in the coming quarters. All segments appear to be working in highly important projects, below they are listed.

  • Wearables: Biggest product is Apple Watch which completely dominates the smartwatch industry. Apple is reportedly adding a 4G ability to it, so customers can listen to music or Facetime with it.
  • Home: Apple joined the battle for home products. They will introduce HomePod, a high-quality speaker with Siri as a personal assistant. Amazon’s Echo and Dot have taken the lead.
  • Software: New iOS 11 will be available in all new iPhones, plus another 500 million existing products. Will offer a futuristic look and option for Augmented Reality.

With all of these having strong performances it would be very likely that Apple will get to the sought-after goal.

Keep checking back for more news regarding AAPL. For Full AAPL forecasts and investment advice by our state-of-the-art algorithm click here.

 

Comments are closed.