Apple soon to be worth more than $1tn, financial analysts predict
by Rupert Neate in New York from Technology | The Guardian on (#5J9S)
- Tech company worth three times more than second-place Google
- Market value attributed to strong sales in China and Apple Watch launch
Apple has been valued at more than $1tn - almost three times as much as Google, the US's second most valuable company.
Analysts at Cantor Fitzgerald on Monday said they thought Apple's shares - which are currently trading at about $127, valuing the company at $733bn - could soon be worth $180 each, which would value the iPhone maker at $1.05tn.
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