Apple: A $1 Trillion Company By 2013

Posted: May 3 2011, 3:06pm CDT | by , in Rumors | Apple

Apple: A $1 Trillion Company By 2013

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As you've probably heard by now, Apple just announced the next iteration of the iMac. This quad-core monster with Thunderbolt I/O technology will continue the Mac's push back into the spotlight. Over the last two decades we've seen Apple's desktop go from chief innovator, to battered also-ran, to ascendant brand once again.

The Mac's market share is rising steadily and now tops 15% in the United States. And these new iMacs- which are up to 70% faster, will only elevate Apple's position.

For the first time, Apple is within spitting-distance of being a billion dollar company. Their current worth is roughly $320 billion. Last year they were worth $200 billion. Apple could easily break half a billion by this time, 2012. The way the iPad and iPhone are moving, it isn't unrealistic to expect Apple to hit that $1 trillion mark by 2013 or 2014- at the latest.

One thing that has held investors back from Apple of late is the health of its CEO, Steve Jobs. But analysts like James Altucher of Formula Capital are now claiming that the Cupertino-based company is "large and diversified enough" to survive without its charismatic founder. And, odds are, he's right.

The real question here is what Apple will diversify into next. Current speculation focuses on a full-fledged television. This seems the logical next step on their path to total media domination. An Apple television would allow them to 'seal' their media ecosystem. Apple fanatics would have a comprehensive solution for their viewing needs, and the world would finally get a decent smart TV.

One lingering question posed by Apple's wildfire growth is this: what will become of their massive 'war chest', currently valued at over $65 billion? Will they push adoption of NFC readers by subsidizing small business owners? Or do they have their collective eyes set on a juicy little patch of start-ups?

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The Author

<a href="/latest_stories/all/all/5" rel="author">Robert Evans</a>
The excitement about new smartphones, tablets and anything mobile drive Robert to unearth the latest rumors and developments in this fast moving space. He adopted 4G as soon as it become available and knows where the mobile market is going.
Robert can be contacted directly at




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