Workflow
What Apple's stock price would be if AAPL hits $4 Trillion
AppleApple(US:AAPL) Finboldยท2024-12-27 16:21

Core Insights - Apple has been a significant player in the industry, especially after the launch of the iPhone in 2007, which led to its mainstream recognition [1] - The company reached a market capitalization of $1 trillion in 2018, $2 trillion in 2020, and $3 trillion in 2022, indicating its rapid growth trajectory [5] Stock Performance - Over the last thirty days, Apple stock has increased by 8.63%, while Nvidia stock only rose by 0.51% [2] - As of the latest report, Apple shares are priced at $255.17, with year-to-date returns of 37.45% and a market capitalization of $3.85 trillion [3] Market Capitalization Target - To reach a $4 trillion market cap, Apple stock needs to increase by 2.85%, which may be achievable due to seasonal market trends [4][6] - The calculation for the stock price at a $4 trillion valuation is $262.46, derived from dividing the market cap by shares outstanding [7]