According to new reports, Apple will become this year 2018 the most valuable company in the world, reaching a value of $ 1 trillion. With a steady growth of around 11%, Apple has been climbing year after year the top positions in companies considered the most valuable in the world. Now, the first place is within reach.
According to the popular magazine Barrons, thanks to the sales of the new iPhone X, the growth of the brand in the Asian market and the increasing use of the services offered by the Cupertino-based company, Apple could this year be the No. 1 in the world.
Keep in mind that during the last fiscal year, the Californian company had $ 229 billion in revenue across the globe, and that revenue, according to a new law approved by Trump, can be used within the company's home country to purchase other companies and invest in R&D.
In a bag, Apple shares have increased by 11% in value Throughout the past year, seeing how the strategy followed by the team from the block continues to pay off, being increasingly profitable, trading higher.
As they assure from this popular magazine:
"With the brand's new iPhone X, the user is offered a new user experience, simpler, faster and more elegant, and this greatly favors that the services offered by Apple are also more widely used."
Today, Apple has around 900 million customers. This means a great market opportunity in which to offer your services (like Apple Music, iCloud, HomePod or CarPlay, which we hope will take off this year), which currently contribute around 20% of the total profits achieved by the brand. From Cupertino it is expected that this profit margin will continue to increase.
If all these predictions are true, Apple will become worth $ 1 trillion, in the most valuable company in the world.
Mile does not translate to kilometer, and "billion" equals one billion, not one trillion. This is how some engineers lose the billion-dollar space probes.
I rectify. If it looks like it's a trillion. Custom.