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Apple Is Now Worth A Trillion Dollars
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Apple Is Now Worth A Trillion Dollars

Apple is now the most profitable company in human history.

On Thursday, Apple became worth more than $1 trillion when its shares climbed past $207.05, two days after the company announced the latest in a series of remarkably profitable quarters.

Wall Street thinks Apple could go even higher. Thirteen analysts have a price target of above $225 for Apple. The most bullish, Brian White of Monness, Crespi, Hardt & Co., has a price target of $275 a share. That would value Apple at $1.3 trillion.

Apple is not the first publicly traded company in the world to surpass the trillion dollar mark though.

Oil giant PetroChina (PTR) briefly topped a trillion dollar valuation in 2007. Amazon is worth nearly $900 billion while Google and Microsoft are each now worth more than $800 billion

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