Apple finally hit the tomb of $1 trillion, and that’s a significant one for investors and an entire market as well. Apple declared its outstanding quarterly earnings and investors braced them, the stock soared, and Apple became the first US Company to over poured $1 trillion in market value, and that made a huge story. Although, the CEO of Apple; Tim Cook stated otherwise saying that this isn’t the ultimate measure of the success of the company, as the tech giant is now on its own league, standing head held high above its neighbors of Silicon Valley that worth few hundred billion. The suspicion that any country could be worth over half a trillion was assumed dangerous, seditious, food-hardy, or maybe a sign of a pending crash. Apple succeeded in reaching this by trading at only 15 times the earnings. Over sighting the cash it’s just trading at 11.5-time earnings.
Apple at this moment is just in accurate yet very challenging phase. It is established and profitable. It’s growing and proposing sell at a very premium price as it has established a premium brand altogether. But still, Apple’s products come set and particularly static. Apple could also help in eradicating debt. Tim Cook even stated saying that if Apple were considered as a country, then it would have been the 27th richest as per the CIA “World Factbook.” American hold over $1.52 trillion in the student loan debit currently, as the “Board of Governors of the Federal Reserve System”. On the other hand, it can even think of not giving it away and can have some fun purchase of anything it wants with its big trillion dollar money.
But the greatest challenge surely is the complacency of its success. May be for now it’s in a firm position and fears no threat, but it has several rivals on design, price, and function. The iPhone holds the axis of the eco-system, and this year it will generate over $250 billion in revenue. The market value of Apple portrays about the company with the desired footprint globally. Its biggest challenge at the moment is maintaining this lead.