And today, Microsoft is worth $250bn. Nobody could have possibly foreseen the loss of 75% of their market cap (based on inflation adjusted numbers) in the late-1990's, but surely enough...
Apple cannot simply keen on growing forever and ever. My predication is that there will be a big crash some time over the next few years. Probably 2015-16, especially if they reach $1000 per share by 2014.
There is no such thing as the perfect company, or the perfect stock. Investors need to realise this, because AAPL is looking pretty perfect at the moment and that's just going to fuel overconfidence.
Apple cannot simply keen on growing forever and ever. My predication is that there will be a big crash some time over the next few years. Probably 2015-16, especially if they reach $1000 per share by 2014.
There is no such thing as the perfect company, or the perfect stock. Investors need to realise this, because AAPL is looking pretty perfect at the moment and that's just going to fuel overconfidence.