Analysts Look Toward $1000 Share Price, $1 Trillion Market Cap for Apple

Discussion in ' News Discussion' started by MacRumors, Apr 3, 2012.

  1. macrumors bot


    Apr 12, 2001


    Over the past two days, a couple of high-profile research analysts have issued reports predicting that Apple's stock will reach the $1000/share milestone within the next year or two, a move that would see that company's market capitalization push toward an unprecedented trillion-dollar market capitalization.

    Yesterday, analyst Brian White issued his first research note on Apple in his new position with Topeka Capital Markets. White had previously worked at Ticonderoga Securities, which ceased operations earlier this year. In his initiation report for Topeka, White offers a 12-month price target of $1001 for Apple, citing the appeal of 4G LTE, booming growth in China, and an expected Apple television set as drivers for the company's growth.
    White also points to Apple's dividend and share repurchase program, with growth of that program in the future, as an additional driver for investor interest in Apple's stock.

    Meanwhile, Piper Jaffray analyst Gene Munster weighed in with his own report early today, and while his official 12-month price target for Apple moves from $718 to $910, he believes that the stock will roll on to reach $1000 in 2014.
    Munster estimates that half of the predicted $400 billion growth in Apple's market cap will come at the expense of its competitors, while the other half will come from new money entering the tech sector.

    Given Apple's current share count of roughly 930 million, a $1000 price would see the company pushing toward a market capitalization of $1 trillion. As we noted last month, Microsoft set the standard for highest market capitalization for a publicly-traded company back in 1999 at $604 billion. Apple is roughly $20 billion short of that number as of today, but when adjusted for inflation, Microsoft's peak market cap would have corresponded to over $800 billion in today's dollars.

    Article Link: Analysts Look Toward $1000 Share Price, $1 Trillion Market Cap for Apple
  2. macrumors 68040

    Dr McKay

    Aug 11, 2010
  3. macrumors 68030


    Oct 16, 2007
    This stock is going to be traded mainly by large firms soon as the average Joe won't be able to purchase stock and those prices.
  4. macrumors regular

    Dec 9, 2009
  5. macrumors 68020

    Feb 22, 2009
    I'm sure Apple is aware of this and there will be at least 1 stock split.
  6. macrumors 6502a

    Nov 28, 2009
    United kingdom
    this is gonna be awesome :) wonder if they could actually buy a small country :L
  7. macrumors regular

    Jul 3, 2007
  8. macrumors 604


    Feb 7, 2002

    I'm not so sure Apple's priority is for an average joe to be able to afford 1 share of stock.

    If there is a stock split, I doubt it's for those reasons but that's just my opinion.
  9. macrumors member

    Aug 18, 2011
    Law of large numbers?

    I guess the law of large numbers should be called the "Law of Extremely Large Numbers" . . . at least in Apple's scenario
  10. macrumors 6502a

    Aug 11, 2010
    My ten shares purchased at $209 are looking pretty good right now.
  11. macrumors 601


    Sep 16, 2007
    Northeastern Ohio
  12. macrumors 6502a


    Sep 19, 2007
    "Armpit of the South"
    Its only a matter of time before AppleNet becomes self-aware and our iDevices attack us and start WWIII.
  13. macrumors 68030

    Taz Mangus

    Mar 10, 2011
    I marvel every time Apple stock gains a new high, seems like a daily occurence. Up over $200+ in the last 3 months. It is great time to be a Apple stock holder. The P/E is still pretty low.
  14. macrumors regular

    Jun 29, 2006
    Pineapple under the sea
    Can't complain about that. If any stock gets into the $1000's, it should be AAPL.
  15. macrumors G4

    Oct 23, 2010
    Apple has solid earnings, but now it seems like the analysts are piling on and getting ahead of themselves. Most of their profits are from mobile phones. While it's a lucrative market, it also can turn on a dime. Look at RIM and Nokia.

    I think it's a solid company but am not expecting it to go up another 60+% in the near term given its rise over the past few weeks.

    FD: I'm long AAPL.
  16. macrumors 68020


    May 28, 2009
    Montreal, Canada
    Wow, I hesitated buying stocks when they were 373$ not too long ago. I was afraid it could go down like crazy once Steve would die (it was right after he retired as CEO). This is just crazy. I'm glad I made the move now. :cool:
  17. macrumors regular

    Jul 13, 2010
    Wirelessly posted

    I love Apple but when you start seeing predictions like this it's time to sell. And I'm not talking about Apple specifically, I'm talking about the entire market. Bernanke and friends have succeeded in blowing yet another bubble with cheap money that will burst and take everything with it. Get ready for Mad Max.
  18. macrumors regular

    Jun 28, 2010
    I think that this report assumes Apple will continually unleash devices as successful as the iPhone/iPad. I think that'll be rather difficult. I also don't see Apple's TV's hitting a major market due to the much higher selling price point.

    We'll see what they come up with...
  19. wol
    macrumors member

    Jun 15, 2005
    A bubble is a bubble is a bubble ... ;)

    ("wise" investors sell if everyone else is buying - and remember that you'll almost never manage to sell a stock exactly at its peak, or buy it at its low point)
  20. macrumors 68020


    Sep 24, 2008
    Blazer town!
    decent computer for $600

    when that will happen Apple? :p

    it is shame that $500 iPad has very good damn specs compared to MB/MBP/MM ...
  21. macrumors 6502a

    Jun 20, 2010
    If a stock gets to 1000 a share?? There's stocks for 100,000 + for 1 share
  22. macrumors 6502a

    Dec 28, 2004
    of my hand will get me slapped.
    I got in at $12 :D
  23. macrumors 6502a

    May 12, 2009
    iDeaded myself
  24. macrumors regular

    May 16, 2007
    They are forecasting this to happen in the next year or two. They arent predicting any other new devices besides for the usual yearly updates and the Apple TV. Im not surprised. I have never been happier with my apple products and there is still so much untapped potential. If they release a nice update for iphone 5, they are going to sell a crapload.


    Famous last words
  25. macrumors regular

    Oct 18, 2007
    Whitefish Bay, WI
    Wirelessly posted

    Berkshire Hathaway stock shares go for like $121,000 a share. Market cap isn't this big though. Apple wouldn't be breaking any records hitting $1K. Maybe for the NASDAQ, but not in history.

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