Why Apple Has Plenty Of Room To Grow Following $3 Trillion Valuation
Apple's growth story is far from over, despite hitting a $3 trillion valuation, and we believe that it's only getting started.
Jan. 4, 2022

Another year, another trillion-dollar milestone cruised past by Apple (NASDAQ: AAPL), in what is appearing ever more to be the little "fruit company or something" that never slowed down.

But surely it's got to slow down at some point, right?

Is it time to stop investing in Apple?

Ok, so technically, Apple is worth just $2.99 trillion as of yesterday's market close, but it did pass the milestone on the first day of trading in 2022 and is on an upward trajectory -- so like everyone's favorite Marvel villain/meme subject, it seems inevitable.

But unlike Marvel's Thanos, Apple's not likely to be reduced to dust any time soon -- and for readers who are completely lost, don't worry, that's the last of the pop culture references in this piece. Instead, let's focus on the concerns that many are no doubt feeling today: 

Has Apple hit its ceiling?

If I could tell the future, you could be sure that this article would be coming from my own private South-Pacific island, not my parents' spare room in the soggy Irish midlands! However, it just seems folly to rule out Apple.

Apple just continues to defy the long-held narrative that growth must slow once they become Apple's size. Yet the big ol' iPhone/Wearables/PC/Services/TV leader continues to post ridiculous numbers, with the first three quarters of 2021 bringing in year-over-year revenue growth of 54%, 36%, and 29%, respectively. That's over $282 billion. And the figures from the holiday period are shining some light on the fact that this growth has not slowed, despite the ubiquitous and utterly irritating "supply chain" excuse that I just wish we'd left in 2021. 

In recent years, bears have questioned if the iPhone could continue to carry Apple, so it moved on to wearables and services, with its sights also firmly set on the metaverse. The iPhone is still omnipresent in society yet Apple's other segments have also skyrocketed. 

At $3 trillion, why do I get the feeling that Apple's still only getting started?

The Home of Successful Investing.

© 2023 MyWallSt Ltd. All rights reserved.







This website is operated by MyWallSt Ltd (“MyWallSt”). MyWallSt is a publisher and a technology platform, not a registered broker-dealer or registered investment adviser, and does not provide investment advice. All information provided by MyWallSt Limited is of a general nature for information and education purposes, and you should not construe any such information as investment advice. MyWallSt Limited does not take your specific needs, investment objectives or financial situation into consideration, and any investments mentioned may not be suitable for you. You should always carry out your own independent verification of facts and data before making any investment decisions, as we cannot guarantee the accuracy or completeness of any information we publish and any opinions that we publish may be wrong and may change at any time without notice. If you are unsure of any investment decision you should seek a professional financial advisor. MyWallSt Limited is not a registered investment adviser and we do not provide regulated investment advice or recommendations. MyWallSt Limited is not regulated by the Central Bank of Ireland. MyWallSt Limited may provide hyperlinks to web sites operated by third parties. Your use of third party web sites and content, including without limitation, your use of any information, data, advertising, products, or other materials on or available through such web sites, is at your own risk and is subject to the third parties' terms of use.