The Traderszone Network

Published in TZ Latest News 12 January, 2017 by The TZ Newswire Staff

Apple Approaches $1 Trillion In Revenue From iOS

Two years ago, the speculation race was on as to whether or not Apple would be the first company on the planet to hit over $1 trillion in market cap.  A year ago, there was speculation that Google might bump them off and beat them there.

Now, according to emerging repots, it looks like Apple will get to flirt with $1 trillion — though it won’t be in its market cap (necessarily).

Asymco’s Horace Dediu, however, is predicting that Apple will cross the $1 trillion mark this year in terms of revenue generated by iOS and get one step closer to that elusive 13-digit market cap.

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