Apple's Market Capitalization Hits $600 Billion

[Moonjumper]

I hope this isn't a bubble, but if it is, I really hope that it bursting is seen as the correction it should be, rather than a failure. Unfortunately the treatment of the correction in the world economy in the last few years makes this seem unlikely, with overreaction more likely.

 

[2bikes]

Speculations speculations....

Several months ago, Apple slipped and P/E ratio went to 13-14 range. That was insanely cheap stock for that time. Everybody thought that was it for Apple. They blew peoples minds off with their last earning period and the stock price is getting towards where it is supposed to be. So I see this as a correction in an upwards trend. On top of that they have 100b in the bank. Why worry if the stock would go down. With all new stuff in the pipeline.

Look at Amazon, they announced poor results last Q and their stock still kept going up with a P/E ratio of 100+. Now that is one scary stock that can go down fast.

 

[fruitycups]

Should have invested

 

[jonnysods]

What's even crazier is that they haven't released an updated MBP line since Feb last year, new iMac's, new MBA's, iOS and OSX and the iPhone 5 later this year.

Talk about rolling.

 

[nick_elt]

Anyone figured out how to use time capsule to by stock in the past?

 

[NOV]

I think the real test for the Apple share comes in app. 2 years: when the "Steve Jobs" ideas have dried up and Apple will have to show they can be innovative without Steve's driving force.

 

[iJon]

People have been saying Apple was too high when it hit $100, then $200, $300, $400, $500, $600 and people are still saying it's only a matter of time.

I'll let all the armchair analysts keep chipping away while I smile at my portfolio each day.

Apple is just getting started and at this point, since I've been in at $80, I'm just going to ride it out. Apple could take a hit tomorrow and I'll still be so ahead. It's worth it just to sit back and see what happens.

 

[Taz Mangus]

Should have invested

You still can. I think the stock price is going to hit $700 in the next month or so.

 

[NOV]

What's even crazier is that they haven't released an updated MBP line since Feb last year, new iMac's, new MBA's, iOS and OSX and the iPhone 5 later this year.

Talk about rolling.

If they play it right, they will destroy lots of TV producing companies in late 2012 - early 2013.

 

[bawbac]

I've never seen a stock valued so highly increase so much in so short a time.

Ever heard of Netflix.
Look what's happening to them now.

 

[BMNB1tch]

yes I'm a shareholder

 

[TC03]

If they play it right, they will destroy lots of TV producing companies in late 2012 - early 2013.

I don't think they'll destroy them, but it's probably gonna be a story like '10% of the sales, 50% of the profit'.

 

[Taz Mangus]

And to think Apple stock price is where it is in the amidst a deep and prolonged recession, not during the height of the dot-com bubble.

 

[IzzyJG99]

I guess the next thing Apple will do is decide which country they want to buy.

 

[foodog]

This train is unstoppable!

Famous last words... nothing is unstoppable. Though it would appear the stock price has a good bit of growth ahead.

 

[dejo]

And to think Apple stock price is where it is in the amidst a deep and prolonged recession, not during the height of the dot-com bubble.

With Facebook buying Instagram for $1 billion and Zynga acquiring OMGPOP for $200 million, some have speculated that we are actually in a new tech bubble right now.

 

[Taz Mangus]

I don't think they'll destroy them.

People said the same thing about the iPhone and iPad. Companies always seem to under-estimate what Apple is capable of accomplishing and re-envisioning.

 

[Derpage]

I would be investing if it weren't for Sallie Mae and her demands upon my paycheck.

 

[foodog]

I think the real test for the Apple share comes in app. 2 years: when the "Steve Jobs" ideas have dried up and Apple will have to show they can be innovative without Steve's driving force.

Steve wasn't the only person at the company.... If Apple sticks to the core principles of making a great product that is user friendly they will be just fine.

 

[basesloaded190]

That's very true, but doesn't this kind of reasoning to *any* kind of company experiencing stock growth?

I think Apple is in the spot light a little more than other growing companies and their financial preformance is analyzed with a fine tooth comb.

 

[cvaldes]

I guess the next thing Apple will do is decide which country they want to buy.

Nah, most governments have a lot of debt. Not worth it.

To the doom criers, it should be pointed out that Apple is just starting to get traction in the Chinese market, really hasn't tackled the other three BRIC countries with any significant effort (Brazil, Russia, India).

There is plenty of growth opportunity.

In a few years, the US market will be a far smaller impact on Apple's overall business.

 

[chrmjenkins]

Nah, most governments have a lot of debt. Not worth it.

To the doom criers, it should be pointed out that Apple is just starting to get traction in the Chinese market, really hasn't tackled the other three BRIC countries with any significant effort (Brazil, Russia, India).

There is plenty of growth opportunity.

In a few years, the US market will be a far smaller impact on Apple's overall business.

Their ability to grow is contingent upon growing wages. China is certainly growing, and I'm sure Russia has a decent amount of good wage earners, but do India and Brazil have the income levels to support it, or will they get there with pure numbers (over a billion for India, hundreds of millions in Brazil)?

 

[Shadyriley]

Should have invested

Your gonna be saying the same thing in a couple years from now. Invest now. Take a loan out for $3000 and buy 4 shares, in a year you can cash at around $5,000 that's what I did.

 

[Shrink]

One day Apple will make everything we need in our lives

Perhaps Apple will someday make everything you need in YOUR life.

It's a troubled life that can be totally fulfilled by Apple products.

I need things in my life that Apple can't make...

 

[Derpage]

Your gonna be saying the same thing in a couple years from now. Invest now. Take a loan out for $3000 and buy 4 shares, in a year you can cash at around $5,000 that's what I did.

You were able to get a loan a year ago for the sake of investment? Which bank did you use?