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    AAPL   US0378331005

APPLE INC.

(AAPL)
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APPLE IN RACE TO BECOME FIRST $3 TRILLION COMPANY

12/08/2021 | 01:21am EST

Apple could become the world's first company to reach $3 trillion, following reports of a $375bn deal struck with China. At yesterday's market opening, shares rose 3.5 per cent to $169.09. Apple's valuation was consequently raised to $2.8 trillion, putting the company in the pole position compared with competitors. According to the Telegraph, the increase was caused by Morgan Stanley's analysts putting a $200 share target on the Cupertino company, raising its value to $3.3 trillion.

Commenting on the news, marketing expert Allyson Stewart-Allen said: "What has made Apple famous is its designs, usability and importantly its brand which seems to have so far avoided the scandals that have plagued Meta and Twitter."

(c) 2021 City A.M., source Newspaper

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Analyst Recommendations on APPLE INC.
More recommendations
Financials (USD)
Sales 2022 381 B - -
Net income 2022 92 870 M - -
Net cash 2022 80 214 M - -
P/E ratio 2022 30,3x
Yield 2022 0,53%
Capitalization 2 827 B 2 827 B -
EV / Sales 2022 7,22x
EV / Sales 2023 6,83x
Nbr of Employees 154 000
Free-Float -
Chart APPLE INC.
Duration : Period :
Apple Inc. Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends APPLE INC.
Short TermMid-TermLong Term
TrendsBullishBullishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 44
Last Close Price 173,07 $
Average target price 178,31 $
Spread / Average Target 3,03%
EPS Revisions
Managers and Directors
Timothy Donald Cook Chief Executive Officer & Director
Luca Maestri Chief Financial Officer & Senior Vice President
Arthur D. Levinson Independent Chairman
Kevin M. Lynch Vice President-Technology
Jeffrey E. Williams Chief Operating Officer
Sector and Competitors
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APPLE INC.-2.53%2 826 990
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SHENZHEN TRANSSION HOLDINGS CO., LTD.-6.51%18 783
FIH MOBILE LIMITED-5.15%1 355
RTX A/S-11.35%219