Famous products like iPhone, iPad, and iPod are becoming the world's largest and first million-dollar company in terms of Apple Market Cap. According to media reports, the new iPhone X has received a good response in China. That is why the company's market cap is expected to accelerate. 

Apple will become the company of 65 million crores
According to a report by the American research agency GBH Insights, the iPhone sales in China is picking up again. The company's earnings are expected to accelerate again. This will increase the company's profits. So, the company's stock will rise and in the next 12 months, the company's market cap can reach $ 1 trillion (about 65 lakh crores). Apple's market cap is currently 868.1 billion dollars (about Rs 56 lakh crores). 

100 companies have more than GDP

Apple's balance sheet has more cash than Finland and Jamaica's total GDP.Yes, this amount is more than 100 countries' reserves. The results of the company have been announced recently in the April-June quarter. According to these results, the company currently has a large cache of US $ 26,100 million (about Rs 16.70 lakh crore). 

Apple's bank account deposited $ 26,100 million. With the help of so much cash, Apple can buy Chevron, America's second-largest oil company, and in the case of the oil company's current market price, it will not have to borrow a single rupee from anybody. Even after this, the company will have a balance of $ 50 billion, with the help of which it can purchase the 700,000 Tesla model of S-electric cars or buy 4 aircraft carrier.

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