Ron Burgundy Posted February 13, 2015 Share Posted February 13, 2015 By Noel Randewich SAN FRANCISCO (Reuters) - Activist Investor Carl Icahn thinks Apple Inc is already worth over $1 trillion but others on Wall St. think it will take a few more years for the iPhone maker's stock value to get there. With Apple's stock market value ballooning this week beyond $700 billion, larger than Switzerland's gross domestic product, activist investor Icahn said the technology company's shares should be trading at $216 apiece, equivalent to a market capitalization of about $1.26 trillion. Icahn's opinion implies an increase of about 70 percent from Thursday's closing price of Apple's stock. “It wouldn't be outlandish for them to be at a $1 trillion market cap now,†said Mark Mulholland, a portfolio manager whose Matthew 25 fund is among the best performing large-cap funds over the last five years. View the full article Quote Link to comment Share on other sites More sharing options...
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