“I am not strange. I am just not normal.” ― Salvador Dalí

  

I LOVE the smell of possibility in the morning 

  

Apple $1 trillion valuation by Wall Street

Wall Street grants Apple $1 trillion valuation

Wall Street has given tech giant Apple its first market valuation of $1 trillion.

The valuation came from the broker Cantor Fitzgerald and comes as the company strengthens its position in China and prepares to introduce the iWatch.

This valuation could still be in for a decline, however, due to the pace of the iPhone maker’s buyback. In 2014, Apple bought $45 billion worth of shares. This saw the share count from 6.24 billion to 5.824 billion.

While Cantor Fitzgerald’s price target put him at the top of the list of the Apple bulls, others are being more cautious. First Shanghai Securities’ puts expectations at the $165 mark and Piper Jaffray and Evercore are expecting $160.

Brian White, an analyst with the brokerage, put his bullishness down to Apple’s progress in China, where sales climbed 70% in the most recent quarter. “Given the 4G expansion in China, we continue to believe that Apple’s iPhone portfolio is better positioned than ever to benefit from a major upgrade cycle across the country with larger iPhones and a growing relationship with China Mobile.”

So if Apple was a country it would be the 16h largest country in the world !!

 

Rank

Country/Region

GDP (Millions of US$)

 

 World

700772689734000000072,689,734

1

 United States

700716768100000000016,768,100

2

 China

70069181204000000009,181,204

3

 Japan

70064898532000000004,898,532

4

 Germany

70063730261000000003,730,261

5

 United Kingdom

70062678455000000002,678,455

6

 France

70062267456000000002,267,456

7

 Brazil

70062243854000000002,243,854

8

 Italy

70062149485000000002,149,485

9

 Russia

70062096774000000002,096,774

10

 India

70061937797000000001,937,797

11

 Canada

70061838964000000001,838,964

12

 Australia

70061531282000000001,531,282

13

 Spain

70061358263000000001,358,263

14

 South Korea

70061304554000000001,304,554

15

 Mexico

70061259201000000001,259,201

16

 Indonesia

7005868346000000000868,346

 

 

 

It’s Monday don’t forget to be awesome 

  

Winners don’t make exuses 



Continuous effort – not strength or intelligence – is the key to unlocking our potential.Winston S. Churchill



Carpe Diem



Follow

Get every new post delivered to your Inbox.

Join 5,797 other followers

%d bloggers like this: