Could Apple be worth $1 Trillion?

If you are a huge Apple fan then you would have known that Apple passed Exxon yesterday to become the most valuable company on Earth.  It’s sad to say that it only lasted a few hours but how companies can say they were at the top of the list?  Not many, that’s for sure!  With Apple being on the top for such a short amount of time, what’s next for Apple?

Robert Cyran, Columnist for Reuters, doesn’t understand why Apple isn’t headed to be the most valuable company and the first to hit $1 Trillion.

Apple’s sales have been surging 80 percent a year, and its profit faster. What’s more, it trades roughly in line with the growing stock market — and at less than half the price-to-earnings multiple it fetched in 2006, when revenue growth was much slower. Apple now trades at about 11 times estimated earnings for the fiscal year ending September 2012. The Standard & Poor’s 500-stock index is valued at about 10 times next year’s profit. But Apple’s sales growth is nearly 10 times faster than that of the average company. Apple also holds $76 billion of cash and investments.

Come on, think it through.  Who has brighter “prospects” than Apple at this point in time?  I can very well see Apple being the leading company in the next year or so.  The main question would be, how long will they be at the top?  Exxon has been at the top for years and years.

Would you like to see Apple at the top?  Why or why not?  Leave your thoughts in the comment section.