Market analyst says Apple’s valuation could reach $1 trillion within 12 months, and shares worth $185

April 18, 2015 6:03 PM

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The Managing Director of FBR Capital Markets, Daniel Ives revealed in an interview that Apple’s total valuation could reach $1 in the next 12 months and its shares reach $185 each following a number of successful products the company has been pushing into the consumer market.

In 2014, Apple released its payment service which was made to assist customers and partner retailers with paying for purchases from its iTunes portal and App Store, and the payment gateway turned out to be a great success within months of launching it. It was called the Apple Pay.

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