Apple may hit $1 trn m-cap again if US, China strike trade deal: Analyst

A resolution of the trade spat at the Group of 20 meeting in Japan at the end of the month could add $20 to $25 per share for Apple in coming months, the analyst said

A resolution to the trade tensions between the US and China could add as much as $25 a share to Apple Inc’s stock price and take it back to a $1 trillion market value, according to Wedbush Securities analyst Daniel Ives.

A $25 increase would be about 13 per cent above Apple’s closing price of $194.15 a share on Thursday and would take its market value back into 13 figures. Apple in August became the first US company with a $1 trillion value, though it’s been below that since November.

A US-China deal “would take away the primary China risk