World oil reserves are well over 1 Trillion barrels and may be as much as 2 trillion. 1 Trillion barrels =100 Trillion dollars worth at current prices.
Even though Mac will pick up, it will not tamper Microsoft's market share in the foreseeable near future (next decade)... anything is possible, but betting against that? Be my guest Apple IS the smart phone industr - despite the cheap parents buying kids Androids, the entire industry of smart phones and tablets, even going forward, is not near $1t. Putting Mac growth, and the smaller cloud portions wont top 1t either.... Im wondering, what the heck is apple going to do with all that cash? It can't just sit there! I know they got their own vc firm, but put it some place productive!
Saudi Aramco is said to be worth between 700b and 2 trillion. So technically aapl probably won't be the first.
The price of a stock has nothing to do with its share price and everything to do with its market cap. People that don't buy stocks because the nominal price is too high are stupid. We don't need them if they don't know how to value stocks when the price has nothing to do with how "expensive" or "cheap" it is.
Indeed. In general, you have to ask yourself why on earth you'd want to be invested in perhaps the world's most well-known and popular stock, into which everybody and his brother with an Etrade account is pouring cash. Add that consumer electronics is a finicky, volatile, and faddish industry like no other. Why is AAPL trading at a PE of only 15? We're so deep into the 'public participation' phase it ought to be in the 30s. The market knows something we don't and I suspect it's pretty dramatic.
Professionals advising other investors don't recognize value until it's at an unreasonably low valuation. For Apple, everybody in the world wants and needs an iPhone. If you do not have an iPhone, you cannot possibly be as productive as you could be than without one.