Could Apple Be Worth $2 Trillion in Just 4 Years?
Shares of Apple (NASDAQ: AAPL) have seen quite the run-up recently. Over the past year, the stock is up more than 80% as investors have applauded the company's continual evolution to a business model that is less dependent on hardware revenue and is more services-based.
But one analyst thinks the stock can continue to climb higher over the next four years -- so much so that the company's market capitalization would rise from about $1.4 trillion today to $2 trillion. On the surface, this might seem like an outlandish forecast. But a closer look at Apple stock reveals that a $2 trillion market cap in four years may not only be possible but even likely.
Apple CEO Tim Cook. Image source: Apple.
Source Fool.com
