How High Can Apple’s Share Price Go?

How High Can Apple’s Share Price Go?

DealBook Business and PolicyTim Cook has trillions of reasons to be happy right now.Credit...Josh Edelson/Agence France-Presse — Getty ImagesAug. 20, 2020Good morning. On our radar: Today is the deadline for Uber and Lyft to comply with a California law requiring them to start treating their drivers as employees. The companies have said they may be forced to shut down ride-hailing operations in the state if the deadline isn't extended. (Was this email forwarded to you? Sign up here.)A big, round numberApple became the first U.S. company to hit a $2 trillion valuation yesterday, two years after it was the first to cross the $1 trillion threshold. How high can it go?ImageAnalysts can't keep up. The run-up in the iPhone maker's share price has outpaced the predictions of even preternaturally bullish