With a lot of help from the iPhone, the American computer giant might see its market worth reach $500bn and beyond this year.
This article titled “Can Apple become the world’s first trillion-dollar company?” was written by Dan Gillmor, for guardian.co.uk on Friday 27th January 2012 19.58 UTC
Almost certainly, Apple will soon hit $500bn in market capitalization – half a trillion dollars. So, based on its current growth, it’s fair to wonder if it will become the world’s first trillion-dollar company. (I’m far from the first to do so, by the way; see this piece, for example.)
The first question to ask is, who cares? After all, $1,000,000,000,000 is just a number, albeit a very, very, very big number. Yet, if achieved, it would represent more than just a triumph of one company’s plan. It would speak to the way global economics and commerce have shifted – in both useful and worrisome ways.