Analyst sees iPhone 8 turning Apple into the first trillion dollar company

The most valuable company in the world right now is Apple. Thanks to the success of the Apple iPhone, the company is currently valued at almost $752 billion. According to an analyst at Drexel Hamilton by the name of Brian White, Apple will be the first company in history to be valued at one trillion dollars, The impetus behind this powerful move higher will be the introduction of the 10th anniversary iPhone model currently dubbed the Apple iPhone 8, according to White.

As hard as it is to believe, White notes that Apple is one of the most undervalued companies trading in the U.S. markets. As an example, White points to Apple's 16:9 ratio. No folks, that is not the 16:9 aspect ratio of the iPhone's screen. That is the company's Price-Earnings ratio which means that for every $1 per share in net earnings, Apple's stock price is worth $16.90. Similar companies are more expensive. Firms like Google (31), Amazon (183), and Microsoft (30) are trading at rates nearly twice as expensive as Apple's PE ratio.

White says that Apple made a bottom last May and he predicts it will reach $202 over the next 12 months. With 5.4 billion shares outstanding, Apple needs to hit $185 in order to reach the magical $1 trillion mark. And with a new premium priced iPhone on the way along with the Apple Home Pod launching in December, there is a very good chance that investors will respond favorably enough to these devices that before the end of this year, the company will have a valuation that starts with a "T" for trillion.


source: BGR

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32 Comments

1. Mreveryphone

Posts: 1816; Member since: Apr 22, 2014

Damn...

7. ibend2

Posts: 159; Member since: Mar 16, 2016

and sheeple can say good bye to their wallet... and kidney

27. yann

Posts: 612; Member since: Jul 15, 2010

Current Apple stock according NASDAQ is 144.15. To reach 185 that means more than 28% growth. Apple is already overpriced. Such increase is not reasonable.

29. sgodsell

Posts: 7170; Member since: Mar 16, 2013

We already know Apple is looking for more ways to take in more money. Even that latest stories in regards to wireless charging won't be on the iPhone 8, but there will be a case that will add that feature. Another example is no micro SD slot on their MacBook pros. Buy a dongle for this and that. Apple is all about taking advantage of the cash cow (their customers).

2. HillaryClinton2020

Posts: 191; Member since: Feb 08, 2017

Android fans gonna sourgrape for this, a company made wonderful device deserves their credit

3. kiko007

Posts: 7493; Member since: Feb 17, 2016

Please, for the love of the Pagan Gods, change that awful profile photo. I don't know if it's a meme or just some s**tty Photoshop, but every time you post I vomit a little. No offence... kinda.

20. SIGPRO

Posts: 2815; Member since: Oct 03, 2012

HillaryClinton2020 aka Vincent Liu aka Snakeboy has that profile picture only for one reason. Look at the picture closely, you see gloves and a needle, it's a message. This guy did some plastic surgery to be a girl, I am not kidding!

22. trojan_horse

Posts: 5868; Member since: May 06, 2016

I just looked up his profile picture again, and yeah you're damn right... It reeks of plastic surgery. Girl wannabe? SMH

23. trojan_horse

Posts: 5868; Member since: May 06, 2016

I just looked up his profile picture again, and yeah you're damn right... It reeks of plastic surgery. Girl wannabe? SMH

4. TechieXP1969

Posts: 14967; Member since: Sep 25, 2013

Really? I dont care jow much they have. I care what is done with it. And like most companies, theyve done nothing.

5. Foxgabanna

Posts: 587; Member since: Sep 11, 2016

Actually that's a lie. They have rewrote history and implimented themselves in culture. The iPhone will never be forgotten.

6. HKFoo

Posts: 14; Member since: Nov 21, 2013

If it wasn't because the original iphone. We wouldn't have our modern smartphone now. So yes they actually did something.

10. iushnt

Posts: 3085; Member since: Feb 06, 2013

We would be having modern smartphone like now anyway despite of Apple being there or not.

14. TechieXP1969

Posts: 14967; Member since: Sep 25, 2013

That is false and had been proven so many g8mes. The ev9lutiom2of tje dmartphome shoqed the display was getr8ng bigger. Apple aimply jumped out first. After all Sony designed the ohome to bwgim with, so its obvious somwome had the idea before Apple and consider tge LG Prada. Yoir claim is false and is B#. You need ro read the facts.

13. maple_mak

Posts: 953; Member since: Dec 18, 2013

Wow please, dude. No iPhone, no incredible smartphones today.

15. cnour

Posts: 2305; Member since: Sep 11, 2014

I understand your frustration Techie, you need sometimes to digest this.

19. Leo_MC

Posts: 7157; Member since: Dec 02, 2011

You don't have any right to question what one does with one's money!

11. sissy246

Posts: 7064; Member since: Mar 04, 2015

So how much is apple giving you. NOT S**T LMFAO Dude get out of apples azz, they are not going to pay you for you stupid comments.

16. cnour

Posts: 2305; Member since: Sep 11, 2014

Apple is giving to the world the most innovative devices. Proof: Where is Apple now.

17. omnitech

Posts: 1131; Member since: Sep 28, 2016

Bwahaha innovative ....good one

18. gehrig

Posts: 423; Member since: Apr 17, 2014

Well I own shares of apple, so when they make money, I do too. Cry about it.

30. apple-rulz

Posts: 2002; Member since: Dec 27, 2016

sissy246 stop commenting on every Apple article you geriatric misfit.

12. maple_mak

Posts: 953; Member since: Dec 18, 2013

And when Apple makes trouble, you will gonna butthurt every time. We always found you that getting butthurt every moment on iPA.

32. Michigan

Posts: 246; Member since: Nov 19, 2016

sheeple talking wow!#2

8. jeroome86

Posts: 2314; Member since: Apr 12, 2012

Oh no PA. The hate bullets will fly now. Can I borrow your shield Captain America?

9. FoxDavis

Posts: 60; Member since: Jul 12, 2012

Then sell the phone for $100 and say Thank you.. So Greedy

21. SIGPRO

Posts: 2815; Member since: Oct 03, 2012

This article made me laugh!

24. ibend2

Posts: 159; Member since: Mar 16, 2016

you should.. that analyst is known for cheerleading apple when their stock drop.. and his prediction never accurate pxlnv.com/blog/brian-white-is-a-really-s**tty-anal​yst/

25. ImperialDynamics

Posts: 84; Member since: Nov 30, 2012

except there are companies out there that are worth way more than $1 Trillion already. For example Saudi Aramco (world's largest company), PetroChina, etc

26. amasog

Posts: 552; Member since: Aug 22, 2013

So what? Haha!

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