<p>Apple has been enjoying profits ever since the iPhone 7 launched but had an exciting quarter in 2017. However, what's going to excite people is what is to be expected from the Cupertino giant in the next quarter. Analysts predict that it will send the stock to an all-time high i.e. $202 in the next 12 months. </p> <p>If Apple's stock hits that price target, it means that Apple will be worth more than $800 billion, a little shy of that trillion dollar mark. Google may be right behind Apple to be a bigger company than Apple, yet, Apple is on a steady path towards hitting the trillion dollar goal. </p> <p>Apple published a report, where it portrays the company having a tremendous fourth quarter which sent shares up more than 5 percent in trading. Apple's shares have been on a constant uprise and the new report shows that there's no stopping the Cupertino company anytime soon.</p> <p class="articleimg"><img id="ed-img" class="art-lazy imwidth-full" title="Apple To Become Trillion Dollar Company After Record High Profits" src="http://media.new.mensxp.com/media/content/2017/Aug/apple-to-become-trillion-dollar-company-after-record-high-profits1-1501655841.jpg" alt="Apple To Become Trillion Dollar Company After Record High Profits" data-original="http://media.new.mensxp.com/media/content/2017/Aug/apple-to-become-trillion-dollar-company-after-record-high-profits1-1501655841.jpg" />© Reuters</p> <p>The apex for earnings seems to be soaring at the moment and the next quarter is expected to escalate the company to the $1 trillion evaluation which will decide the company's fate. It is clear that Apple is banking on the upcoming release of the iPhone 8 which is expected to launch mid-September this year and the pressure is building up for the company to deliver a radical new phone. </p> <p>The iPhone 8 has managed to muster as much user demand as the popular release of the iPhone 6 when Apple decided to increase the size of their smartphones. Apple recently launched the iPad Pro which has been growing ever year and has also seen growth in the services department. Apple has invested a lot of time and money into services like Apple Music, the App Store and Apple Music Video, which has resulted in the company's biggest growth ever.</p> <p class="articleimg"><img id="ed-img" class="art-lazy imwidth-full" title="Apple To Become Trillion Dollar Company After Record High Profits" src="http://media.new.mensxp.com/media/content/2017/Aug/apple-to-become-trillion-dollar-company-after-record-high-profits2-1501655859.jpg" alt="Apple To Become Trillion Dollar Company After Record High Profits" data-original="http://media.new.mensxp.com/media/content/2017/Aug/apple-to-become-trillion-dollar-company-after-record-high-profits2-1501655859.jpg" />© YouTube</p> <p>All eyes are set on Apple's next quarter and the very first look at a brand new iPhone. Apple has been under a lot of pressure in the recent past due to many leaks that may have affected the demand for their existing lineup of smartphones. If Apple succeeds in making the iPhone 8 a phenomenon like the iPhone 6, we will see the company become the world's first $1 trillion company within the next 12 months.</p> <p class="articleimg"><img id="ed-img" class="art-lazy imwidth-full" title="Apple To Become Trillion Dollar Company After Record High Profits" src="http://media.new.mensxp.com/media/content/2017/Aug/apple-to-become-trillion-dollar-company-after-record-high-profits3-1501655875.jpg" alt="Apple To Become Trillion Dollar Company After Record High Profits" data-original="http://media.new.mensxp.com/media/content/2017/Aug/apple-to-become-trillion-dollar-company-after-record-high-profits3-1501655875.jpg" />© Yahoo</p> <p>Apple has also been rumoured to build an electric, autonomous car that has been seen being tested in California in April. Tim Cook called the project a “mother of all AI projects” and hinted that Apple may be interested in making a car that will be a Tesla rival. Apple has made big investments in a large project that will be making “autonomous systems from a core technology point of view”, Cook said. “The autonomous systems can be used in a variety of ways, and a vehicle is only one but there are many different areas of it. And I don't want to go any further with that.”</p> <p>In order for Apple to maintain the trillion dollar valuation, Apple will have to create a new business beyond the iPhone and it seems the self-driving car will be their next venture. </p>
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