February 15, 2015
SouthAmerica: Apple Inc. (AAPL) and the "La La Land of Wall Street"
Apple Inc. (AAPL)
Market Cap: 489.19B
Today Apple shares traded at US$ 526 per share giving this company a market cap of US$ 489 billion dollars.
This is a stock that might be trading at US$ 50 per share or even lower when the magic of Steve Jobs fades away, and people start realizing that Steve Jobs is not coming back for act III at Apple.
The magic is gone from Apple and is not returning – today Apple is just another technology company after the death of its wizard and real genius – Steve Jobs.
Slowly people will start coming back to reality and they will realize that Steve Job has made his final curtain call, and many of Apple's high caliber people will start moving out to new high-tech companies - the new leading edge technology companies, and Apple would become just another high tech company like everybody else.
We don't know how fast this transition will take place, but the reality is in a few years Apple stock can be trading even around US$ 15 per share as it did just a few years ago.