Apple Will Become A Trillion-Dollar Company, Says Altucher — $1,000 a Share

Of course there will be a trillion dollar company. Inflation insures that.

He's the same guy that says "Dow to 20000...but don't buy any stocks"....but look at who he's being interviewed by and you get the idea that history really does repeat itself. My advice to everyone is do your own DD and forget the siren's song from half baked anal-ists! Listening may indeed drive you onto the rocks!!!

Apple will remain profitable as long as they continue to manufacturer their products in China, avoid taxes and convince people their products are worth more then their competitors.

Technology is a trend driven business and trends change. All you need to do is look at the history of the sector to see the reality of this. In the 80's Sony and IBM were dominant, then in the 90's it was Microsoft and Intel that rose to the forefront, in the 00s it was Apple and Google, in the 2010's maybe Facebook or one of the App stocks. The point is that tech companies do not reign for very long. It's simply the nature of the business. No matter how innovative your products, you can only hold the lead position for so long in tech before another company surpasses you.

Investors are not going to bid a growth stock like Apple up to a trillion dollar market cap! It simply won't happen, no matter how good the underlying fundamentals. Therein lies the fundamental problem with Apple. It is a classic growth stock yet it is trading like a value play at a time when it is at the peak of its popularity.

The question you have to ask yourself is why isn't Apple trading at 20 or 30 times earnings? What do investors see that prevents them from taking the stock up to 500 or 600/share? If Altucher was right and they have all of these innovative product lines and business growth opportunities then the market should be rewarding them, but it's not. The market is punishing Apple. I go back to my basic point. If the market thought iphones/ipads/ipods were more valuable than oil Apple would be the largest company in the world, but it's not. Exxon Mobil is because the world runs on oil, not gadgets.

Never take financial advice from a virgin.

Apple's days on top are numbered. There are only so many brand new products like smartphones or iPads. Once the competition catches up Apple will stall. Look at smartphones. Apples is stuck in the mid 20% market share but as the competition continues to get better Apple will have to offer something completely new to counter and there just isn't unlimited completely new things that everyone must have. Same goes with the iPad. Apple refined the tablet into something people really want and have to have but sure enough a year or two later the competition is coming out swinging and again Apple's market share will stall. How many brand new products can Apple hope to release before they start falling off the bandwagon.

Do the math people. Assuming AAPL is undervalued presently @ 350 and a fair evaluation could be taken to 500 in the short term, a $1000 share price in 5 to 8 years is actually very conservative based upon the profit the company rakes in every quarter. The difference between now and the tech bubble is the profit and cash companies can now deliver. AAPL haters and Android lovers need to look at investing in a company without their personal passions about an opperating system.

If only they can somehow improve the working conditions for those labourers in China..

When did rick moranis start doing stock analysis?

What is the next "big thing" in personal electronics?

Robots - look for Apple to break out of the computer, tablet, iPod, & phone arena, and extend into "the next big thing".

I am betting big on their ability to remain innovative as long as they keep the bankers away from that huge cash hoard. FINANCIAL people are the kiss of death to entrepreneurs and innovators. If Apple can keep Wall Street's greedy opportunists at a safe distance, there is virtually no limit to their ability to out-innovate and out-deliver any competition. They can afford to hire the best and brightest, and give them the R&D $$$ necessary to be wildly creative.

To the moon, Alice! Right to the moon!

why does Yahoo continue to have this "yahoo" on? anyone that has a hairdo like him is a TOTAL @#$%!!! then you have Blodget, who is BANNED from the securities industry and was fined $4 MILLION for fraud!!! how do these idiots get on here?

Look at the worst case. Apple does not grow at all from this point for the next 10 years. They're putting $20M in the bank every year now. Add the $60M cash they have now and in 10 yrs, at the current level of sales, they will have $260M in the bank. The stock price is low now, so if it just maintains the same level of price to value, the stock will rise proportionately to about $1,500 in 10 years. That's at zero growth in sales. In fact they will probably double their sales over the next 3 years.

Apple start selling food, very funny

Wow, could you image how much work APPLE could bring to the states?
A good example, CIRCUIT BOARD production. Also, who will buy these
products once all your money is spent on gas when working at MCDONALDS?
APPLE IS A GREAT COMPANY FOR THE RICH NOT FOR THE REGULAR AMERICAN!!!

$1,000 .... Groovy Baby...Yeaahhh!

When idiots start talking like this you know its time to sell and take your profits.

I think his strongest argument is the P/E ratio is at 10X after the cash is taken out. Very lean for a tech firm.

AAPL will grow share price on a low PE, on cash and growing earnings.... not on a bubble. Stock is at $350 because it often grows, rests, and grows more. $400 is a given this year; $450 is probably too, $500 has a decent chance.

Why? Because AAPL's 2012 begins before the year ends and in 2012 they will make at least $37 per share; and will grow their cash to $81+

Would you buy a company that could pay for itself in X years? Yes. Its a cash machine.

To the guy that talks about exxon stock, do you remember what happened to BP? In just a couple of months, the stock lost more than half of it's value, and there was even discussion of possible bankruptcy. Exxon could easily have that happen to them...... again.

Ahhh yes, the nay sayers. Google will never be worth its IPO, Apple is a $16 stock and always will be, hospitals can't afford to buy Intuitive Surgical's robots in a recession.. etc. etc.