Disclosure, someday soon, I will have some Apple stock...
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Forest Gump and Bubba did real well with Apple, IIRC. :)
Let's see... AAPL currently has a market capitalization (combined value of all stock) of US$106.5 billion. If that were to again rise by 5,460%, it would then have a market capitalization of US$5.8149 TRILLION.
According to the CIA World Factbook, the U.S. had a G.D.P. (official exchange rate) of US$14.33 trillion in 2008. So the author of the article is predicting that Apple's stock will have a value of roughly HALF of our country's G.D.P.
You know, I find that prediction a little incredible.
Regards,
(more than a little)
Apple may or may not be a wise financial investment, but to listen to anyone who is emotionally involved in a company's products for purposes of investment advice, is a huge mistake.
All I had to do was look at the headline and I knew what company it was and who had posted it..
Isn’t Steve Jobs on his death bed? What will their stock do when he is six feet under?
. . . AT&T 's exclusive deal to carry the iPhone in the U.S. expires next year . . . and [AT&T chief] Mr. Stevenson is now in discussions with Apple Inc. to get an extension until 2011.
Wonder what Apple will demand from AT&T to keep its iPhone captive?