While other companies are, selling stocks and bonds to get ahead and avoid financial ruins, one of the biggest electronic companies out there Apple Inc. (NASDAQ:AAPL) has seen their stocks flourish.
As of now, the Apple Inc. (NASDAQ:AAPL) stock market is trading at 14 times less than its actual value. Even though this may be the case now according to Analyst Andy M. Zaky their fast-paced earnings will put their stocks up at $2,000 a share by the end of 2015. This recent growth in Apple’s financial well-being is largely contributed by their successful iPhone sales.
As of now Apple Inc. (NASDAQ:AAPL)’s trading value for their stocks is 14 times less than their trailing twelve months figure of $41.04. Mr. Zaky quotes that by the end of the fourth quarter of 2015 this figure will jump to $145.96 a share. This impressive increase will give Apple a two trillion dollar market cap. Mr. Zaky also feels that in the first quarter of 2013, 55 million iPhones will be shipped and by the fourth quarter of 2014, this number will increase to 80 million. By the first quarter of 2015, this number will increase again to 110 million iPhones shipped. Mr. Zaky also said that 2014 would be Apple’s Peak growth and year.
Zaky is no ordinary analyst, and most of the predictions that he has made over the years have been more accurate than what Wall Street analysts tend to spew out. In fact, he has been known to make outrageous observations, and people can usually be able to follow him on his blog, that can only be accessed via subscriptions.
In making his predictions, the analyst was of the opinion that the large phone company’s showing in the market would more than triple in the following three years. This is because he predicts that sales for the iPhone will continue to grow over the years.
His latest predictions on Apple, that looks in to the future for up to four years- will undoubtedly stir interest in the large company that was almost single handedly brought to the forefront by one of its main funders Steve Jobs.
Zaky was also of the opinion that after Apple’s peak year, the growth for the phone company would stop, and it would become another mature company. The only way that it would be able to save it self; would be to simply come up with another spectacular product that would renew interest in the company, and rejuvenate its sales.
If his predictions do pan out, then Apple Inc. (NASDAQ:AAPL) at one time in the future will be the largest company in the world, and its cap will undoubtedly be bigger than the economies of most countries today.