Apple Will Be the First Trillion-Dollar Company
The following video is part of our "Motley Fool Conversations" series, in which analyst John Reeves and advisor David Meier discuss topics across the investing world.
Investing luminary David Einhorn recently joked that there doesn't seem to be a prohibition by Nasdaq against Apple becoming a $1 trillion stock. That led David and John to consider if indeed Apple would become the first company to reach a trillion. It certainly looks that way from their perspective. Apple has both the devices and the content to drive it in that direction. While ExxonMobil might be another good bet, John and David believe it will be Apple. And that's why they bought the stock for their 10-Bagger portfolio.
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At the time this article was published David Meierowns shares of Apple.John Reevesowns shares of Apple. The Motley Fool owns shares of Apple.Motley Fool newsletter services recommendApple and Nokia. Try any of our Foolish newsletter servicesfree for 30 days. We Fools may not all hold the same opinions, but we all believe thatconsidering a diverse range of insightsmakes us better investors. The Motley Fool has adisclosure policy.