Will the iPhone X bring the market capitalization of Apple to 1000 billion dollars?


Currently about $ 830 billion, will Apple's market capitalization be the first to go over the $ 1 trillion mark with the iPhone X?




 Apple's Fall Press Conference unveiled a new iPhone series with no less than three new models this year, the iPhone 8 and 8 Plus and an iPhone X celebrating the 10th anniversary of the range.

If the iPhone 8/8 Plus is positioned as usual in high-end price level, the iPhone X is still installed above this price range to be positioned at 999 dollars (1159 € in France), strong of specific technologies such as borderless OLED display or 3D facial recognition.

 
Already, analysts are wondering if this special model will help make Apple the first (or one of the first) companies to pass the course of a  1000 billion dollars market valuation.


Related: Keynote Apple: the Apple TV box goes to the 4K!

With a current valuation of around 830 million dollars, driven by positive prospects linked to the hopes of maintaining iPhone sales and several projects to come, the course needs to climb only 20% to reach this goal.


Analysts say Apple's share price has increased by an average of 33% after each introduction of a new iPhone since 2007. Some analysts are already discussing the possibility of shifting from the
1000 billion dollars short or medium term.

Other elements, visible as the focus on augmented reality, or less conspicuous as some still secret projects some details have emerged, further reinforce this feeling that Apple's course can progress in the years to come.


Source : Reuters


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