Apple bull expects iPhone maker to hit $3 trillion market cap in 2022
Apple could hit a $3 trillion market capitalization in 2022, according to Wedbush analyst Dan Ives.The iPhone maker's shares are down about 5% year-to-date and earlier this year, investors dumped the company's stocks following a historic December quarter.Apple is the world's most valuable company with a current market cap of around $2.1 trillion. Apple gained 0.65% in premarket trading.Apple could hit a $3 trillion market capitalization in 2022, according to Wedbush analyst Dan Ives, who is bull
Microsoft Nears $2 Trillion Market Cap. Earnings Are Tuesday.
Wall Street is expecting Microsoft to report strong financial results when the company posts its March quarter numbers after the close of trading on Tuesday.The consensus forecast among analysts is for revenue of $41 billion, up 17% from a year ago, with profits of $1.78 a share. On Monday, Microsoft stock set an intraday record of $262.44, leaving the stock just a modest rally away from hitting a $2 trillion valuation for the first time. To get there, the stock needs to rise to $264.55.J.P. Mo