Video: Apple - the first 1 trillion dollar company?

[youtube]http://www.youtube.com/watch?v=bVj4ZTFr9KU[/youtube]

At the moment, Apple is worth a little over 320 billion dollars, being the second most valuable company in the USA. In the last financial quarter, Apple managed to surpass Microsoft in terms of profit and we are talking about something that has not happened for 2 decades. James Altucher an American financial analyst considers that Apple could be the first company whose value could exceed 1 trillion US dollars in terms of stock market capitalization.

He praises the iDevices, especially the iPad tablets, but also the AppStore, which will represent a strong source of income for the company. He goes so far as to say that the company's stock market capitalization could reach 2/3 trillion dollars, but I think we are exaggerating. Apple has over 60 billion dollars in cash, a huge monetary reserve that is currently sitting and collecting interest instead of being reinvested. I don't know how long it will take until Apple is designated as the first company whose value exceeds 1 trillion dollars, but if things continue in the same way, I suppose it won't take that long.