Market capitalization Apple reached $ 3 trillion on Monday – this happened when the company’s shares reached a value of $ 182.86 per share. Later, the price fell slightly, amounting to $ 182.01 per share at the close. In total, Apple shares rose 2.5% on Monday, and 34% for the whole of last year.
While the achievement is purely symbolic in nature, it demonstrates continued investor optimism. about the world’s largest IT company and its growth prospects… Over the past four years, Apple’s capitalization has tripled.
How writes CNBC, analysts still see potential for further business growth of the “apple” corporation. Revenue is growing across all product categories, up 29% year-on-year. While the iPhone remains a core product, the Services business grew 25.6% in revenue year-over-year to more than $ 18 billion in the quarter. Wedbush expert Daniel Ives suggests that this single line of business of the corporation can be estimated at $ 1.5 trillion.
According to Morgan Stanley analyst Katy Huberty, Apple shares will continue to rise to at least $ 200 apiece. At the same time, their current price does not yet take into account the potential of the new market sector, which the corporation is just preparing to enter – virtual and augmented reality…
Moreover, Apple shares are increasingly becoming a “safe haven” for investors in a situation of market uncertainty. This is facilitated by its high and sustainable profits, constantly reinvested in new product development, regular share buybacks and paying good dividends.
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