Analysis-Is Apple worth $3 trillion? Bulls, bears examine the case

FILE PHOTO: A customer exits after picking up Apple's new 5G iPhone 12 that went on sale, as the coronavirus disease (COVID-19) outbreak continues, at an Apple Store in Brooklyn, New York, U.S. October 23, 2020. REUTERS/Brendan McDermid

(Reuters) - Is Apple Inc really worth $3 trillion 16 months after becoming the first company valued at $2 trillion?

The answer depends on how one views the iPhone maker's ability to keep up the unprecedented growth of the past 15 years. In its last fiscal year ended Sept. 25, Apple delivered 33% revenue growth to $365.8 billion thanks to strong demand for 5G iPhone upgrades.