Apple's worth over US$1 trillion: Carl Icahn

San Francisco

ACTIVIST investor Carl Icahn thinks Apple Inc is already worth over US$1 trillion but others on Wall Street think it will take a few more years for the iPhone maker's stock value to get there.

With Apple's stock market value ballooning this week beyond US$700 billion, larger than Switzerland's gross domestic product, activist investor Mr Icahn said the technology company's shares should be trading at US$216 apiece, equivalent to a market capitalisation of about US$1.26 trillion.