Here’s definitive proof of Apple’s legendary reality distortion field

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What AAPL stock looked at close Monday.
What AAPL stock looked at close Monday.
Photo: Finviz

You might remember that on Monday, AAPL stock had a bit of a bad day before rebounding. It wasn’t just a bad day for Apple stock, though: Fueled by fears of a total collapse of the Chinese stock market, the whole S&P 500 collapsed that day.

In the first 24 hours, only Apple rebounded. It’s proof positive of Apple’s fabled “reality distortion field.”

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

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apple_stock_final
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.