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To: Swordmaker
This Stock Gave investors 5,460%; It's About to Do It Again

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,

7 posted on 04/11/2009 3:42:55 AM PDT by alexander_busek
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To: alexander_busek

Yeah, the hype is way over the top. Perhaps Apple will go over $200 again by the end of this year and perhaps head to $300 next year. A great return for a stock, but if the economy recovers there will be lots of stocks doing that. Apple is a very solid company that has a bright future.


10 posted on 04/11/2009 4:36:57 AM PDT by Always Right (Obama: more arrogant than Bill Clinton, more naive than Jimmy Carter, and more liberal than LBJ.)
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To: alexander_busek
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.

Curses on you! How darest thou invect reason into a specious argument?

11 posted on 04/11/2009 4:44:48 AM PDT by raybbr (It's going to get a lot worse now that the anchor babies are voting!)
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To: alexander_busek
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.

not if a loaf of bread cost $50 and a gallon of gas $70.... hyperinflation is kewl.

just look to the east and praise TOTUS.

15 posted on 04/11/2009 6:56:00 AM PDT by erman (Outside of a dog, a book is man's best companion. Inside of a dog, it's too dark to read.)
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To: alexander_busek
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.

"I find your lack of faith disturbing" (sorry, I don't have a photo of Darth Vader to post).

22 posted on 04/11/2009 1:52:32 PM PDT by conservatism_IS_compassion (The conceit of journalistic objectivity is profoundly subversive of democratic principle.)
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To: alexander_busek
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 are comparing Apples to Oranges. The Market Cap is the value of an asset ignoring liabilities (except as where demand pricing takes into account such liabilities)... while the GDP is a measure of asset growth or income.

For example, the total Market Cap of ALL stocks in the world in May 2008 was ~$57.5 trillion. Apple's Market Cap in May was about $170 billion or ~0.3% of the world's capitalization. Assuming every other business only recaptures the losses since May of 2008 and Apple hits that super-duper growth, which I highly doubt, then its market cap would be only 10% of the overall world wide assets. Still a ridiculous percentage.

23 posted on 04/11/2009 2:51:35 PM PDT by Swordmaker (Remember, the proper pronunciation of IE is "AAAAIIIIIEEEEEEE!)
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To: alexander_busek
You know, I find that prediction a little incredible.

You know everyone thought the first run was a little incredible, nevertheless it happened.

29 posted on 04/12/2009 2:38:37 PM PDT by itsahoot (Each generation takes to excess, what the previous generation accepted in moderation.)
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