Is Apple Stock's Next Stop $2 Trillion or $4 Trillion?
$Apple (AAPL.US)$ kicked off the New Year with flair, becoming the first publicly traded company to top $3 trillion in market capitalization on Monday. It's a big feat, and a big round number. What can the world's most valuable company do for an encore later in 2022?
Will the first company to hit $3 trillion become the first one to surpass $4 trillion? It's a logical choice, and inertia is certainly in its favor. However, it's just as easy to see $Apple (AAPL.US)$ fall to $2 trillion -- especially if the market corrects after a year that was more than kind for the titans of tech while neglecting most of the smaller growth stocks.
The battlefield is set. Will $Apple (AAPL.US)$ fall to $2 trillion? Will it keep climbing to $4 trillion? The math is easy with Apple at $3 trillion, as it basically boils down to whether it will lose a third of its value or rise by a third of its value.
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