Apple Inc. (Nasdaq: AAPL) is on track to become America's first $1 trillion company by 2018.
That means the Apple stock price will need to get to about $167 a share, a fair distance from its current $102 a share and market cap of about $610 billion. But given the trajectory of its current businesses, as well as the additive punch of several new areas Apple will soon enter, a market cap of $1 trillion is a very attainable target.
Step by step, this is how AAPL stock gets there…
DJIA Today Dips on Ukraine Concerns, but AAPL a Bright Spot with Sept. 9 Event
The Dow Jones Industrial Average (DJIA) today shed 42 points today and gold prices rose for the third consecutive session as investors sought safety from rising geopolitical tensions in Ukraine. This morning, Russian forces invaded Ukraine via the eastern border.
The losses remained tempered by a batch of strong economic data that saw U.S. second-quarter GDP growth revised upward to 4.2%.Here are the top stories from the stock market today…
DJIA Today Dips 38 Points; AAPL, GMCR, DYN Among Day's Gainers
DJIA Today, Aug. 22, 2014: U.S. stocks were mixed on Friday as Federal Reserve Chair Janet Yellen's speech in Jackson Hole, Wyo., failed to beat back renewed geopolitical concerns in eastern Ukraine.
This morning, NATO announced that Russia was building up a strong troop presence on the eastern border of Ukraine, while another convoy entered the country.Now, here are the top stories from the stock market today...
DJIA Today Gains 59 Points but Nasdaq Closes Lower; AAPL Hits Post-Split High
DJIA Today, Aug. 20, 2014: U.S. stocks were up Wednesday after the release of minutes from the most recent Federal Open Market Committee meeting in July. According to the minutes, the consensus view of the FOMC is that interest rates won't begin to move higher until at least mid-2015.Here are the top stories from today...
Stock Market Closes Up Again Today as AAPL Hits $100 Mark, HD Soars
Stock Market Close, Aug. 19, 2014: U.S. stocks roared again Tuesday, buoyed by strong earnings reports and a slew of positive economic data. The surge was led today by The Home Depot Inc. (NYSE: HD), which saw shares rise nearly 6% after the company beat Wall Street estimates for its second quarter.Here are the top stories from the stock market today...
Why Apple Stock Broke $100 and Set an All-Time High (AAPL)
Thanks to two effusive research reports, the Apple stock price (Nasdaq: AAPL) cracked the $100-a-share milestone yesterday (Tuesday).
The close of $100.53 also marked an all-time closing high for Apple stock. The previous all-time closing high (before the 7-to-1 stock split in June) was $702.10, or $100.30 adjusted.
The analyst reports both noted that strong sales of the upcoming iPhone 6 will boost AAPL stock.But that's not all they said...
AAPL Stock Finally Kicks the Drag of Samsung Patent War
The partial peace in the global patent war between Apple Inc. (Nasdaq: AAPL) and rival Samsung Electronics (OTC: SSNLF) won't be a major catalyst for either AAPL stock or that of Samsung, but it will be one less risk factor for investors in both companies to worry about.
Cupertino, Calif.-based Apple and South Korea-based Samsung announced today (Wednesday) that they would drop lawsuits against each other in all countries except the United States.Here's why both sides have decided it's time to kiss and make up...
Stock Market Close: Dow Jones Plunges 317 Points in Biggest Drop in 6 Months
Stock market close, July 31, 2014: U.S. markets plummeted Thursday in a broad decline, with the Dow Jones shedding 317 points in a broad sell-off.
Meanwhile, the S&P 500 fell below its 50-day moving average, erasing all of July's gains as concerns in global markets hammered stocks. The Chicago Board Options Exchange Volatility Index (VIX) jumped more than 26% to an intraday high of 16.98, the highest level since April.Now, here are the top stories from today...
Apple Earnings Beat Forecasts Thanks to Higher Margins (Nasdaq: AAPL)
Better-than-expected gross profit margins helped Apple Inc. (Nasdaq: AAPL) beat Wall Street forecasts.
But the rest of Apple's earnings report was nothing to get excited about. The mixed bag of news left Apple stock flat in after-hours trading.Now investors can focus on what's coming this fall...
Apple Stock (Nasdaq: AAPL) Could Use an Earnings Beat This Week
When Apple Inc. (Nasdaq: AAPL) reports its June quarter earnings after the market close Tuesday (tomorrow), the tech giant faces some steep expectations.
After all, one of the big reasons Apple stock is up over 17% on the year - and an impressive 32% since hitting a 2014 low of $71.40 on Jan. 30 - is the surprising Apple earnings beat in the March quarter.
Of course, the AAPL earnings beat last time around was driven primarily by unexpectedly strong iPhone sales. Can Apple do it again?Here’s why Apple earnings are likely to outdo expectations on Tuesday…
This Excellent Apple Stock News Means "Microsoft Had Better Watch Out"
The latest Apple stock news sent AAPL shares up 1.73% this morning (Wednesday).
On Tuesday afternoon, Apple announced a "landmark partnership" with International Business Machines Corp. (NYSE: IBM). Together, the two companies aim to gain foothold in segments of the corporate world like healthcare, retail, and transportation. And they intend to use mobile to do it.Here are the details of the IBM-Apple deal – and how it will affect AAPL stock in coming months…
C, AAPL, KOG Among Today's Hot Stocks to Watch
Monday brought a flurry of deals across several sectors, sending the Dow Jones Industrial Average to an all-time intraday high shortly after the open.
Those transactions are featured on today's hot stocks to watch list, along with earnings from a big bank, a bullish upgrade for a tech favorite, and more.Get our full list of hot stocks to watch, including C, AAPL, KOG, and more...
AAPL, KING, BBRY Among Hot Stocks to Watch Today
Featured on today's hot stocks to watch list are an interactive entertainment company, a struggling smartphone maker showing real signs of life, and an agricultural company aimed at growing with an acquisition deemed a perfect fit.Find out what made shares of Monday’s hot stocks – AAPL, BBRY, KING, and more – move today…
VRTX, ABT, AAPL Among Hot Stocks to Watch Today
Vertex Pharmaceuticals Inc. (Nasdaq: VRTX) tops Tuesday's hot stocks to watch list. Shares skyrocketed 50% intraday after the biotech company deemed its cystic fibrosis treatment a success.
Also landing on today's hot stocks list are a number of penny stocks, a semiconductor company, and several stocks moving up on analysts' action and M&A activity.Check out 12 of Tuesday’s movers – including VRTX, AAPL, and ABT – and find out what’s behind their action…
Here's How the Latest "Not-a-Gadget" Will Propel Apple Stock 50% Higher
Sure, Apple Inc. (Nasdaq: AAPL) didn't introduce a new product at the World Wide Developers Conference last week.
But the tech giant did something much more important than just roll out some new "gadget." Apple unveiled a strategy that puts the company into two new businesses and positions it for years of potential new growth.Here’s why Apple stock – which has zoomed back up near its 52-week highs – is headed even higher...