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What To Expect From A $3 Trillion Apple in 2022
Five big storylines to watch as the Cupertino tech giant heads to $3 trillion.
Apple is poised for a big 2022. We’ll likely see an iPhone 14, an array of new laptops and desktop computers, and perhaps the company’s long-awaited mixed reality device. Apple is also inches away from a $3 trillion valuation, which it may well reach today.
Apple’s 2022 won’t be a totally smooth ride, however. Outsized expectations, increased scrutiny from antitrust regulators, supply chain issues, and a persisting Covid threat will all factor in as Apple tries to keep pace with its masterful 2021 performance.
Here are five big Apple storylines I’m watching as 2022 gets underway:
$3 Trillion Market Cap: A Blessing And Curse It took Apple four decades to reach a $1 trillion market cap in 2018, two more years to reach $2 trillion in 2020, and it’s poised to hit $3 trillion in the early months of 2022. The stock’s massive ascent is a blessing and a curse. On the positive side, Apple is one of the surest bets on Wall Street, it rose 34% in 2021, handily beating the S&P 500. On the flip side, Apple will have to justify outsized expectations, which could be difficult in the face of lower than anticipated demand for iPhone and supply chain challenges.
