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200°

Why Apple Will Be The First Company to Reach a Trillion Dollar Market Cap

Apple recently blew past Microsoft, Cisco, and other companies to become the most valuable tech company in the world.
But that's just the beginning, says investor James Altucher of Formula Capital.

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Wrong source
Source should be: http://www.cnbc.com/id/40851517 You can add the yahoo article as a credit url
KingLizzle4740d ago WhoDisagree(0)Agree(0)
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michass84739d ago

It is all about this great marketing that Apple introduced

fatstarr4739d ago

wow alot of what ifs and scenarios. but apple will not reach a trillion, and if they do thats alot and i mean alot of trouble from the Greenpeace organizations. because a ton of apple stuff will end up in landfills by that time.

doctorstrange4739d ago

Is with some serious inflation

mindedone4738d ago

Here's the problem. Microsoft has long since saturated the market, and because of this, the stock price is lower, because there is no room for market growth. Apple, on the other hand, not being as ubiquitous, has plenty of room to gain market share. For THIS reason, the stock price is so high. As the company gains market share, the price of its stock will go down.

Dsnyder4738d ago

Ahahaaha. Seriously? A trillion dollars? a TRILLION dollars? Let regan educate you on why whole governments even have a hard time getting the much money

"1. If you stack up $ 1,000 bills, $ 1 trillion would need a pile that is 80 miles high.
2. The entire expenditure of NASA over the last 40 years has been approx. $ 600 billion
3. $ 1 trillion exceeds the world’s total military expenditures for 20044. $ 1 trillion is more than the combined gross revenues (not profits…but sales) of Wal Mart plus Exxon plus General Motors plus Ford Motors.
5. Assuming the United States consumes about 17 billion barrels of oil a year and assuming the cost of a barrel of oil is about $ 65, a trillion dollars will buy an entire year’s worth of oil for the USA.3 years ago
6. Want to own a cruise ship? Using your $ 1 trillion, buy yourself that little boat to sail the seas…the Queen Mary 2 with accommodations for 2,620 passengers (enough room for the whole family!) In fact, you could buy a thousand QM2s (share them with your friends!) and there would even be a little left over to pay the wages of the 1,250 crew members for each ship.
7. Feel like sharing the wealth? With a population of approximately 300 million people, you could give away your $ 1 trillion by giving every man, woman and child in the U.S. $ 3,400 each. Alternatively, you could give $ 38,500 to every Iraqi living in Iraq.
8. Let’s say your working life is 40 years (from age 25 to age 65) and you work 40 hours a day, 52 weeks a year (you’re a workaholic and don’t take any vacations). If you earned $ 1 trillion during your working life, then you got paid $ 200,000 per minute."

70°

15 Tips & Settings to Get the Most Out of Vision Pro

Vision Pro is here and it’s a surprisingly capable device. Apple has also loaded the headset with a ton of options and features that aren’t obvious at first glance.

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70°

Why the Apple Ring could be the missing piece of Apple's ecosystem

Ringing the changes: All the news, rumors, and tips you missed last week.

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70°

iPad Pro Dreams Come True with Jaw-Dropping Leaks

Apple is anticipated to announce the new OLED iPad Pro this spring. Although there has been considerable speculation about the product, it’s always reassuring when Apple officially confirms certain features through upcoming software updates.

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sonicwrecks58d ago

I've fixed the images on some of these past submissions of yours. Please in the future make sure the image isn't broken on submission.( I always found it best to download/upload it to be honest. )