Apple tops $800 billion market cap

Apple $800B

Share price over $150

This morning, shares of Apple stock hit $150 per share for the first time. AAPL also hit a record in terms of market capitalization, breaking $800 billion in value.

This could put Apple on track to become the world's first trillion-dollar company. What would it take? A price per share of $191.79. Of course, there are many obstacles that the company needs to overcome to reach that figure:

  • Continued robust sales of iPhones in all markets, including China
  • Breaking into the smartphone market in India
  • Determining how to counteract the slide in iPad sales
  • Continuing the growth in Mac sales
  • Producing a series of new, compelling products to capture the public's interest