With Horace graph of today in mind, nothing surprise me. But one trillion. Wow! Anyone who will lend me some money to buy $APPL 😉
Nonetheless, given the trajectory of Apple's stock it's probably fair to start pondering how high, in theory, it could go. Hitting the $1 trillion markfor market value would be an accomplishment of historic proportions, as no company has ever done it before. The most valuable company of all time was Microsoft (MSFT), which was worth $604 billion in 2000, says Howard Silverblatt of S&P.What about Apple? Could it be different this time around? To be worth $1 trillion, shares of Apple would need to hit $1,085 a share based on the company's current 921.3 million shares outstanding.Can that happen? Let's first take a look at how fast the stock has risen the past five years. Apple stock rose 18% in 2006, 133% in 2007, it fell 56% in 2008, but then added 147% in 09 and 53% in 2010. Taking the geometric mean, we get a rough average increase of 59% a year.If the average 59% annual growth rate of Apple's stock continues, the company could be worth $1 trillion in as little as three years. That's the optimistic case.
Be aware that this article is coming from USA Today, one of the big newspapers over there.