This is Mac OSKenn.

Another call for Apple at 1 trillion, a scary headline over a less scary story, and Apple

ones at rock-bottom prices, really expensive rocks. It's Monday the 22nd of May 2017. I'm Ken Ray and this is

News from Maco-S-Ken brought to you by yours truly and sponsored by Set App. Tons of apps for tons of jobs.

Triumph for free for one month at setapap setap.com. This show is also supported by people like you, patrons through Patreon.

Find out more in that your support at Patreon.com slash Maco-Scan.

Another Apple watching analyst is looking for a trillion dollar market cap for the Cupertino

company.

Mac Rumors and RBC Capital analyststs to meet Deryanani, issuing a note today saying

he thinks Apple could hit that mark by sometime in 2019.

The piece quotes his note with slight edits for clarity as saying in aggregate we see a scenario where the 2019 fiscal year

Apple sustains 12 dollars plus in earnings per share and assuming the valuation frameworks remain stable or improve

it should get Apple stock towards 192 to 195 dollars which would equate to a market cap above

one trillion.

Plus, he hears the revving of the super cycle,

plus there's the potential for Apple to continue growing services revenue

by double digits year over year,

given the company's expanding installed

base of devices increasing App Store sales within the current installed

base demand for cloud storage and compute services and further adoption of Apple pay.

With all that going for it, in Daryanani's estimation, it'll likely come as no surprise that

he has upped his price target on Apple's shares.

...