While a number of reports began flying around yesterday stating that Apple was the most valuable company of all time, others pointed out that this actually wasn’t the case if you adjust for inflation. According to Topika Capital Markets analyst Brian White, however (via AppleInsider), that distinction won’t last.
White believes that Apple has only just begun to show its potential, and that the company’s rise to the top will easily bring their value well over $1 trillion. White also points to upcoming product launches (and rumored product launches), such as Apple’s next-gen iPhone a very competitively priced 7.85-inch iPad mini, and the ever-fabled Apple television set.
Aside from what looks to be a promising fall season for Apple, White also points out that Apple still has plenty of room to grow in various regional markets (notably, China), as well as in product markets. Apple only controls 4.7 percent of the PC market, for instance.
Topeka Capital Markets considers Apple’s stock to be highly undervalued. That, coupled with some great product launches and a whole lot of room to grow, could put 13 digits worth of dollar signs in Tim Cook’s eyes.
And, of course, White is certainly not the first to jump on this wagon – Matt Kranz, Robert Cyran, and others have been saying this for a while! Notably, White has previously said that Apple could hit the trillion dollar target early next year!
