Alicia Nicole Sep 25, 2012

Apple’s Race to $1 Trillion

AppleNo company has ever been valued at $1 trillion, but if Apple continues on its current path, it will soon be the first company in history to hold a value with 12 zeros in it.

Currently valued at at $656 billion, conservative investors and statisticians have predicted that Apple will reach the trillion dollar milestone on April 9, 2015. Other more aggressive analysts have Apple reaching the milestone August 16, 2013.

In either event, with sales of Apple’s iPhone 5 reaching 5 million in a mere three days (compared to 4 million iPhone 4S units previously sold in the same time period), it is truly only a matter of time before it hits the trillion dollar mark.

Read more about Apple’s historic race to $1 trillion here. – Alicia Nicole