Yes a financial analyst predicts that Apple could be the first company in history to have a trillion dollars of market capitalization. He basis this on the current growth trends for Apple. And assuming that Apple duplicates this growth with the new iPhone and Apple TV. I don't know if he is smoking something funny, but if all the ducks end up in a row, I guess it is possible.
He also predicts that Apple could double in value by the end of the year. And that all of the US national debt will disappear and world hunger will end by year end. OK so I made up the last two.
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17 comments:
With the industries as they are (volatile, intensely competetive, etc) it's so difficult to make meaningful predictions for a company's future financial status. Maybe I should get a job like that and fantasize about capital values, market share, etc.! I could make a veritable fortune!
Especially if he is basing all future Apple growth on the growth rate of the iPod. We remember back when we thought the Mac was the greatest computer made, yet no matter what Apple did, they could not convince the masses of this. Then the iPod took off like a rocket. I am sure even Jobs was amazed at its growth. But to say that from here on out anything Apple produces will follow this kind of growth curve is very wishful thinking. But of course I am hoping for this anyway.
Especially if he is basing all future Apple growth on the growth rate of the iPod. We remember back when we thought the Mac was the greatest computer made, yet no matter what Apple did, they could not convince the masses of this. Then the iPod took off like a rocket. I am sure even Jobs was amazed at its growth. But to say that from here on out anything Apple produces will follow this kind of growth curve is very wishful thinking. But of course I am hoping for this anyway.
Especially if he is basing all future Apple growth on the growth rate of the iPod. We remember back when we thought the Mac was the greatest computer made, yet no matter what Apple did, they could not convince the masses of this. Then the iPod took off like a rocket. I am sure even Jobs was amazed at its growth. But to say that from here on out anything Apple produces will follow this kind of growth curve is very wishful thinking. But of course I am hoping for this anyway.
I would have to add, that things are a bit different now than they were when all they had to sell were Macs. The masses have tried the iPod and have stated "we love it". Now, after being on the map, so to say, they will have an easier time introducing new products and getting accepted by the masses.
I could not agree more! I still think Apple will have some mis-cues. As Jobs stated after the failure of the Cube, "If we don't have a few failures, we're not trying hard enough!" I love that quote! I do believe that Apple will have far more success then failures.
I think that Apple's on its way to a kajillion dollars in market capitalization!!
The market giveth and it taketh away. I think while interesting, it's not overly useful to talk about this measure. I am sure at one time everyone marveled at GM's market capitalization.
I personally am more interested in Apple's recent excellent moves, that appear to have come from a balanced approach to investment and innovation, while at the same time paying close attention to the changing market. I see this type of approach in a company like Southwest airlines - the only airline, by the way, to not experience extreme financial difficulties after the attack in 2001.
-Le
I just checked and right now Apple is at about 81 billion market cap, while Microsoft is at about 272 billion. Apple would have to grow by a factor of 12 to be 1 trillion cap. This seems unfathomable. This would be almost 4 times the size of MS. I think this is a bad case of misguided extrapolation.
Stitch, we can extrapolate curves as much as we want, and as you point out, it doesn't necessarily mean anything! Extrapolation is over-rated! Like I said, maybe I should start extrapolating as a side job!
You could make a fortune, but first you need to convince people that what you are predicting is a real possibility. Even if it is based on thin air. As long as you present it in a sophisticated way, people will be so impressed by the presentation that the content will be secondary.
Stitch, you and I are veritable experts at projecting an air of sophistication and intelligence. We are furthermore very debonair and knowledgeable. I believe we could succeed at such an endeavor!
So, when can we expect to see an example or even a hint of this air of sophistication, or intelligence, or debonairness, or knowledge?
-Le
I believe a lot of that is in the air as we speak.
Indeed!! Le knows not of what he speaks. He "sees", but he does not "observe", to quote Sherlock Holmes!
OK...yeah...so when can I expect to see some? :-)
-Le
I think this is the longest running post so I just wanted to add one more comment. Nothing new to say though.
16 comments are more than enough. oops - 17!
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