Will Apple Be the First to Break $1 Trillion?

From The New York Times:

If Apple continues on its current trajectory, something remarkable might happen on April 9, 2015, at around 11 a.m.

That is, statisticians and investors I’ve spoken with say, a conservative estimate of when Apple could become the first company ever to be valued at $1 trillion. (Yes, you read that correctly: the number one, followed by 12 zeros.)

Other analysts are making even more aggressive estimates for the company’s value, which, as of Friday, was $656 billion. Those people put the trillion-dollar mark at less than a year from now: Aug. 16, 2013.

“It’s hard to imagine Apple growing any faster than it has grown on both the release of the iPad and iPhone,” said Michael E. Driscoll, chief executive of Metamarkets, a big data and predictive analytics company, and one of the people betting Apple will top $1 trillion in 2015.

Estimating when, or if, Apple will become the first to be worth $1 trillion is a bit of a parlor game, but we can all likely agree on one fact: today, it is a juggernaut.

Not long ago, Apple was a boutique PC maker. Since then, it has rolled over almost every company in its path, first with music players, then with cellphones and, more recently, with laptops. Nokia, Sony, Research in Motion, Dell and Hewlett-Packard have all watched open-mouthed as Apple took markets they thought were secured. Each time, Apple’s stock rose and their stock fell.

Continue reading the rest of the story on The New York Times