Apple could be the first company to be worth $1 trillion dollars

There are stocks that are worth buying, and then there are stocks that you absolutely have to own. I’m not a stock broker, or advisor in any capacity, but even I realize that Apple stock is a must own.

I don’t own any, conflict of interest and all, but given the rate of growth a lot of people might be cashing in very large in the next couple of years.

According to a USAToday article, Apple could theoretically hit the $1 Trillion dollar market value in as little as 3 years. How did the USAToday article get to those numbers?

Let’s first take a look at how fast the stock has risen the past five years. Apple stock rose 18% in 2006, 133% in 2007, it fell 56% in 2008, but then added 147% in 09 and 53% in 2010,” Krantz reports. “Taking the geometric mean, we get a rough average increase of 59% a year.

By taking that 59% and applying it to Apple’s 921.3 million outstanding shares, and Apple’s market value of $310 billion, Apple would hit the $1 trillion mark in three years. No matter how theoretical that math might be, the results are pretty insane.

Hey Zuckerberg, you know what’s cooler than $1 billion dollars? $1 trillion dollars.

Note: If you didn’t read the title in your best Dr. Evil voic,e go back and try it again — it just works better that way.

Article Via USAToday

Joshua is the Content Marketing Manager at BuySellAds. He’s also the founder of And since all that doesn’t quite give him enough content to wrangle, he’s also a technology journalist in his spare time, with bylines at PCWorld, Macworld… Full Bio