Panicking investors are missing a crucial Apple metric

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There's still a lot of money left in iOS devices.
There's still a lot of money left in iOS devices.
Photo: Ste Smith/Cult of Mac

Apple soothsayers have been predicting doom and gloom for the iPhone-maker ever since Tim Cook dropped the company’s Q1 2016 earnings. iPhone sales are projected to decline. The iPad is still struggling. And even the Mac is taking a drop.

This is the end for Apple according to some Wall Street crazies, but they’re missing a key metric in Apple’s earnings report that shows the company still has a lot of growing to do thanks to it’s huge install base.

Apple could be forced to add more ‘executives of color’

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Apple is pledging to do more on the diversity front.
Apple is stepping up its pro-diversity game.
Photo: Apple

Apple could be forced to add more non-white executives and directors, due to a proposal put forward by an investor who thinks the current makeup of Apple execs is “a little bit too vanilla.”

The possible pro-diversity push was reportedly prompted after the son of investor Antonio Avian Maldonado II, who owns just 645 Apple shares, asked why nearly everyone on Apple’s board of directors was white.

Three reasons Apple will be the world’s first trillion-dollar company

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This just keeps getting higher and higher. Photo: Rob LeFebvre/Cult of Mac
Photo: Rob LeFebvre/Cult of Mac

Cupertino claimed the title of world’s most valuable company earlier this year, but according to some bullish Wall Street analysts, Apple could soon become the world’s first trillion-dollar company.

In a note to investors today, Cantor Fitzgerald analyst Brian White increased his target price for Apple shares to $180, putting his estimations well above other analysts’ expectations. Apple shares’ value will increase 40 percent over the next 12 months, according to White’s report.

While Apple naysayers have pointed to slumping iPad sales and the unclear future of the Apple Watch as signs that Apple is weakening, White gives three key reasons why Apple is poised to break the trillion-dollar barrier.