Apple [Computer] Inc. currently has a valuation of $598.73 billion while Google Inc.’s current valuation is $364.99 billion.
Irrespective the slight lead by Apple to be the first to fo so, critics and researchers such as BGC’s Colin Gillis are very optimistic that Google is quite likely to bypass Apple and continue to be the first ever company to be valued at $1 trillion by 2020 under the condition that Google grows at a 35% rate yearly for the next 5 years.
On the contrary, if Apple is to also grow at a considerable 13.4% every year for the next 5 years, it can also do so.
So considering the expected growth rates, why would researchers still expect Google to get there first? Well, it is quite obvious since Apple’s latest innovations seem to face very high competition from from other companies as Samsung, plus, the fact that in 2013, the share value of Apple dropped so fast that so much as the CEO Tim Cook decided to use its cash to buy back as much as $130 billion worth of shares over three years making it the biggest buyback in history.
That notwithstanding, Apple is hopeful of boosting sales and share price/valuation massively this year from the introduction of their Apple Pay and Apple Watch. In fact, investors predict Apple to reach the $1 trillion evaluation by 2018.
Let’s keep our fingers crossed and keep watching? In the meantime, what do you think?