iphone 8 apple stock

Apple Could Be Most Profitable Company Ever – Topeka

Apple Could Be Most Profitable Company Ever - Topeka

Brian White, the uncontrollable analyst, has once again topped the headlines. Famed for his previous April speculation that Apple’s market cap would soar in the untapped ranges of a trillion dollars, the optimistic analyst has yet again exclaimed that Apple Inc. (NASDAQ:AAPL) is glued to the rail with regard to becoming the most profitable publicly traded company. The Topeka Capital Markets analyst has unfaltering convictions that the Apple’s forecasted prosperity is predominantly bound to the anticipated product releases in September.

September will mark the outset of iPhone 5. This particular model has consumers glued to the edge of their seats. It is expected to be better than the previous models and most importantly to suffocate competition from the Galaxy S3 which was recently released by Samsung. September equally marks the onset of the iPad mini. The iPad mini’s anticipation has reached vitriolic boiling points as it will be a pioneer in its series.

Critics have not yet performed their usual lash outs. When they do, the most probable argument will lean towards White’s excessive bullishness. Some may even argue that it borders on fanatical thinking. Nonetheless, White’s forecast seems to have a slant towards the prevalent sheers in the market. Apple is moving in leaps and bounds. It has taken a huge leap from number 35 in the highly coveted Fortunes 500 list to its current position of number 17 (the ranking is based on revenue). It even trampled on computer big wig International Business Machines Corp. (NYSE:IBM). The most notable thing however was its exemplary performance with regard to profit rankings. It secured the third position in the list.

Currently, Apple is trading at around $580 and trading is expected to pick up following this new bullish outlook.

LEAVE A COMMENT


Saved Articles
X
TextTExtLInkTextTExtLInk

The Life and Career of Charlie Munger

Charlie is more than just Warren Buffett’s friend and Berkshire Hathaway’s Vice Chairman – Buffett has actually credited him with redefining how he looks at investing. Now you can learn from Charlie firsthand via this incredible ebook and over a dozen other famous investor studies by signing up below:

  • Learn from the best and forever change your investing perspective
  • One incredible tidbit of knowledge after another in the page-turning masterpiece of a book
  • Discover the secrets to Charlie’s success and how to apply it to your investing
Never Miss A Story!
Subscribe to ValueWalk Newsletter. We respect your privacy.

Congrats! Are you a smart person?

We have an exclusive targeted & limited time offer for being a sophisticated and loyal reader.

ValueWalkPremium is a website and newsletter on the latest industry news much of which is not in the public domain and obtained via our sources.

We also have 10 years of resources on how to use this information to better your investment process.

Sign up for  today and get our exclusive content for 40% off. This is our second biggest discount ever!!

Use coupon code VIP20 or click on the button below

Limited time offer only ENDS 2/29/2019 or after next 25 subscribers take advantage whichever comes first – please do not share this discount with others

 

0