Apple will become the world's first 1 billion dollar company!
Apple will become the world's first 1 billion dollar company!
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Apart from the sale of iPods and iPhones, apart from the expectation of Apple's upcoming iPhone 8 device, this US company can become the world's first company, whose market value is $ 1000 billion. 

According to a report published late on Wednesday in the Market Watch, only after the announcement of Apple's third quarter results, the market capitalization of the company has increased by $ 56 billion. 

Analysts of investment services company RBC Capital have speculated that this fast will continue in Apple's shares because Apple is going to launch its flagship device in the middle of September in the iPhone 8. 

RBC analysts say that the company will benefit greatly from the launch of the iPhone 8. Chief investment officer Amit Daranani said, "Apple has the potential to gain market capitalization of $ 1000 billion and even more in the next 12 to 18 months."

Analysts say that the new iPhone model will have profits of up to $ 12 per share. This high price premium model will increase profits, cost control and share buyback will further increase the value of the company. 

The price of Apple's shares could be up from $ 160 to $ 192. It depends on the rate of buyback rate by the company. So Apple's market value will reach $ 1000 billion.

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