Riding on its growing services and wearables business, Apple may become the first company ever to touch the US$2-trillion valuation mark in the next four years, a top analyst has forecast.
Apple was the first US company to cross the US$1-trillion mark in 2018. According to market research firm Evercore ISI, the Cupertino-based iPhone maker would also be the first firm to surpass US$2 trillion, reports Barron’s.
In an investor note first spotted by Barron’s, famed analyst Amit Daryanani has listed what Apple needs to do to cross the US$2-trillion threshold.
One of the keys to achieve this is Apple’s growing Services and Wearables businesses.
