Image via WikipediaYahoo Finance: Apple Will Become A Trillion-Dollar Company, Says Altucher — $1,000 a Share: Apple recently blew past Microsoft, Cisco, and other companies to become the most valuable tech company in the world. But that's just the beginning, says investor James Altucher of Formula Capital....... Altucher thinks Apple will eventually be worth more than $1 trillion, maybe even $2-$3 trillion. ...... the company's global market share in its key markets--smart-phones, tablets, and Macs--is still very low. Also, factoring out Apple's massive $65 billion pile of cash, the stock is trading at a low price-earnings multiple.Apple is not going to be a trillion dollar company. That is too much extrapolation. This trillion dollar talk reminds me of the singularity talk, that is yet another case of too much extrapolation.
