this should be a warning. this will someday correct itself. A company whose value is dependent on the continued success of two key products, now has a larger market capitalization (at $542 billion), than the entire US retail sector (as defined by the S&P 500). Little to add here. http://www.zerohedge.com/news/its-official-apple-now-bigger-entire-us-retail-sector
AAPL trading at 16 times earnings. do you think this has to go down, or, actual earnings decline in the future?
apple only has a couple of hot products. margins on those products will deteriorate as they age and the market gets saturated.
AAPL is a proxy for the SSE and domestic corp sales (iPad). AAPL won't see a major correction as long as both drivers are in place.
I don't have a dog in this hunt. All I know for sure is that I don't have the cojones to sell naked calls on AAPL.
How BIG is APPLE? http://www.cnbc.com/id/46606766/ The country of Greece has been in the international spotlight in recent years for its overwhelming debt load and potential for default that could rock international financial markets. Austerity measures in the country and international pressures for financial reform have sparked widespread riots and strikes as the country tackles its debt problems. Greeceâs debt is estimated at approximately â¬350 billion, or $462 billion â just under the total market value of Apple. :eek: