Apple Lossless Audio CODEC (ALAC), is going to be the first company in history that could reach a value of over 1000 trillion dollars, and the iPhone 8 should help it get there. We are talking about an estimate made by American analysts, considering that the price of Apple shares will increase so much after the launch of the iPhone 8 that Apple will eventually be valued at over 1000 billion dollars.
Apple would be among the most undervalued shares on the American stock market, and American analysts believe that investors will realize this and start buying shares in large quantities. When this happens, the price of Apple shares will increase substantially on the stock market, and the iPhone 8 should also "play" a very important role in this positive evolution of Apple.
Apple is going to have shares that will be worth over 200 dollars on the American stock market, the analysts estimate covering a period of 12 months, so not everything will happen immediately. At the moment, the value of the stock market capitalization of the Apple company is 737 billion dollars, so the difference is not that big until 1000 billion, it exceeds 800 billion dollars at a point.
Apple would have to launch great products to be able to convince investors to buy its shares at a price of more than $200 per piece, but it is very likely that this will happen. When Apple will reach a valuation of over 1000 billion dollars, the American company will also fulfill a goal of Steve Jobs.
"In our view, Apple's quarterly results will be less important this summer as investors are focused on the iPhone 8 this fall, along with the company's raised capital distribution initiative, depressed valuation and new innovations as showcased at WWDC. We still believe Apple remains among the most underappreciated stocks in the world."
