You have recently applied for a graduate analyst job at a private investment fund. During your first interview with the partners the topic of whether Apple, Inc is really worth around USD 2 trillion was discussed. The partners were impressed with your initial comments and so have asked me to come up with a valuation of APPLE, INC. and submit it to them in the form of a slide presentation.

You are keen to impress the partners and show them not only what you know about corporate valuation but also that you can clearly communicate this in a high-quality presentation.

Please help me valuate Apple under the DCF method.