Monday, February 13, 2012

AAPL Hits $500; Apple's Market Value Nearing $500B

Moment in time... On 2/13/02012 Apple Inc.'s stock hit $500 for the first time ever. Apple's market value will be $500 billion when AAPL shares hit ~$526.93. A few years ago I predicted Google Inc. would be the first trillion dollar company. I am standing by that prediction even though right now Google's market value is ~$287,360,000,000 less than Apple's.

I wrote the following on 12/20/02005... Does $1,000,000,000,000 buy Google? Given the adjusted Google share price calculated in this Basic Arithmetic Bit I'd have to answer "no" because it might take more than $1 trillion to buy Google.

Google and Apple probably should both be trillion dollar companies right now, but a decade+ of extreme sociopolitical dysfunction has gotten in the way.

AAPL is not a GDT::Portfolio stock. Right now, at 8:10am MST on 02012.02.13, GOOG is the GDT::Portfolio's #1 stock.

No comments:

Post a Comment