Apple should be worth $1 trillion, Wall Street analyst claims

By

money
One of the world's most undervalued stocks, apparently.
Photo: Ste Smith/Cult of Mac

Calling Apple one of “the most under-appreciated stocks in the world,” a Wall Street analyst says the company should be worth $1 trillion within the year.

Drexel Hamilton analyst Brian White gave AAPL a price target of $202, an increase of roughly 35 percent — and by far the highest Apple valuation on the books.

Sorry, haters! Signs point to a massive January for Apple

By

iPhone 6s boasts a new 12-megapixel camera.
Reports of the iPhone's demise may have been greatly exaggerated.
Photo: Killian Bell/Cult of Mac

Forget all the doom predictions about Apple — according to Drexel Hamilton analyst Brian White, the company may have just had its best January since 2008.

Although Apple itself has said that iPhone sales are likely to fall for the first time ever in the January quarter, White claims that his own analysis of Apple’s suppliers suggests that things are looking far from bleak.