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Apple will be the first company valued at $4 trillion – analyst
Thursday December 12, 2024. 08:31 PM , from Mac Daily News
Adam Clark for Barron’s: Apple will be the first company to ever reach a market valuation of $4 trillion, swiftly followed by Nvidia and Microsoft, according to Ives. That’s a triple endorsement for AI to boost devices, chips, and software sales. And the analyst’s enthusiasm isn’t limited only to the biggest companies. “We expect tech stocks to be up another 25% in 2025 under our base case,” Ives wrote in a research note. Among other individual stocks, Ives picks out electric-vehicle maker Tesla as set to reach a market value of $2 trillion by the end of 2025, up from around $1.36 trillion as of Wednesday’s close. MacDailyNews Take: The most valuable company on earth is still wildly undervalued! $5 trillion will be here before you know it, AAPL shareholders! Trillion, schmillion. Over time, Apple will go much higher than that. The company is currently horribly undervalued. – MacDailyNews, March 1, 2018 The next ten years are going to be absolutely amazing for Apple. The company has just started to really get going! — MacDailyNews, August 2, 2017 We are currently about 1/4th of the way to being sustainable with Substack subscriptions. Please tell your Apple-loving friends about MacDailyNews on Substack and, if you’re currently a free subscriber, please consider $5/mo. or $50/year to keep MacDailyNews going. Just hit the subscribe button. Thank you! Read on Substack Please help support MacDailyNews — and enjoy subscriber-only articles, comments, chat, and more — by subscribing to our Substack: macdailynews.substack.com. Thank you! Support MacDailyNews at no extra cost to you by using this link to shop at Amazon. The post Apple will be the first company valued at $4 trillion – analyst appeared first on MacDailyNews.
https://macdailynews.com/2024/12/12/apple-will-be-the-first-company-valued-at-4-trillion-analyst/
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