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An update to Siri… Google Maps and Waze coming to CarPlay… a new photo system in iOS 12… and the debut of "Memoji," a feature that allows you to create your own emoji that mimics your particular facial expressions.
Those were just a few of the upgrades and new features announced Monday at the 11th annual Apple Inc. (Nasdaq: AAPL) Worldwide Developers Conference (WWDC).
CEO Tim Cook also noted the App Store, which is now 10 years old, is the largest app market in the world, with 500 million weekly visitors. It's brought in $100 billion for app developers.
It seems like the entire tech world is in San Jose, Calif., early this week for WWDC.
However, as worthy of attention as most of Apple's announcements are, the conversation here on the ground is all about "The Sweepstakes."
I'm talking about the race to be the first $1 trillion market-cap public company.
And this race is possible because of what we've been talking about since Day 1 here.
The road to wealth is paved by tech.
As far as I know, back in April 2015 I was the first tech analyst to predict that Apple would be the first U.S. company to reach a market cap of $1 trillion. That number now sits at $952.41 billion.
Two years after that, Warren Buffett followed my lead and said Apple would be the first company with a $1 trillion market cap. And this comes from the man whose Berkshire Hathaway Inc. (NYSE: BRK.A, B) was, at the time, even closer to that mark.
But you don't have to take my word for it. Even Wall Street is waking up to this very powerful and profitable fact.
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Back in December, Barron's predicted Apple will reach $1 trillion in market value in 2018. The rumblings for Apple to reach that value haven't stopped since.
Now, though, another "horse" has entered The Sweepstakes.
Morgan Stanley recently predicted that another company I have often recommended could hit a $1 trillion market cap in as little as a year.
Today, I'll tell you about Apple's big competition here.
I'll let you know who I think the winner will ultimately be.
And I'll show you how you can cash in on this race…
About the Author
Michael A. Robinson is one of the top financial analysts working today. His book "Overdrawn: The Bailout of American Savings" was a prescient look at the anatomy of the nation's S&L crisis, long before the word "bailout" became part of our daily lexicon. He's a Pulitzer Prize-nominated writer and reporter, lauded by the Columbia Journalism Review for his aggressive style. His 30-year track record as a leading tech analyst has garnered him rave reviews, too. Today he is the editor of the monthly tech investing newsletter Nova-X Report as well as Radical Technology Profits, where he covers truly radical technologies – ones that have the power to sweep across the globe and change the very fabric of our lives – and profit opportunities they give rise to. He also explores "what's next" in the tech investing world at Strategic Tech Investor.