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Apr 12, 2001
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Apple's market capitalization has once again hit $3 trillion as the company's shares opened at $191.78 this morning, up just over 1% compared to yesterday's closing price. It has been nearly 18 months since Apple very briefly hit the milestone in January 2022 before declining along with the overall market.

Apple-Logo-Cash-Feature-Blue.jpg

At the beginning of this year, Apple's value dipped below $2 trillion, but the company's shares have risen 53% so far this year, pushing them back to all-time highs in recent days. Reaching the $3 trillion market capitalization milestone again has required a slightly higher share price than it did 18 months ago as Apple has continued to aggressively buy back its stock, reducing the overall share count of the company.

Apple saw very strong revenue growth during the pandemic as its products and services were in particularly high demand as more people worked, learned, and connected with others from home. The company's momentum slowed along with iPhone production issues and general economic concerns in 2022, but optimism around the company has returned in 2023.

Update: Apple shares officially closed trading today at $193.97, giving the company a market cap of $3.05 trillion.

Article Link: Apple's Market Valuation Returns to $3 Trillion After Almost 18 Months
 
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sw1tcher

macrumors 601
Jan 6, 2004
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Vision Pro will take Apple to $4 trillion 🤣
Apple's expansion into India is what will push Apple to $4 trillion.



That, and small incremental price increases to their services 🤣

 

Rogifan

macrumors Core
Nov 14, 2011
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All tech stocks seem overvalued. How much of the valuations are based on fundamentals?
 
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sw1tcher

macrumors 601
Jan 6, 2004
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Warren Buffett be like

warren.png



Warren Buffett’s Berkshire Hathaway has added to its already-massive holding of Apple stock. In a filing today, the conglomerate revealed that it expanded its stake in Apple by over $3 billion during Q4 2022. AAPL remains Berkshire’s single largest equity investment.
 

TechnoMonk

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Oct 15, 2022
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All tech stocks seem overvalued. How much of the valuations are based on fundamentals?
Apple p/e is slightly below average among tech companies. You could argue it has strong fundamentals with direction, revenue and earnings of the company. Microsoft has higher p/e than apple. Other tech companies have ridiculous p/e compared to apple. Google had ridiculous P/E but has come down, lower than Apple currently.
 

TechnoMonk

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I think it will do more damage to the bottom line when it inevitably tanks.

The masses won't adopt ridiculous bulky headsets at such extravagant hideously massive costs, regardless of whatever technology and capability it has. It's about as niche as it can get.
It will be drop in the bucket. Apple has already spent billions in R&D cost, manufacturing few units won’t have big effect. Now if IPhone starts tanking, that’s another conversation.
 
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MacProFCP

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Jun 14, 2007
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This is all very nice but was never Steve’s goal. Steve said it best, in an interview with Tim to his left, that he wants to build machines that he would love for his family and friends to use and to do so “at the lowest prices” they can.

Apple makes some great tech, but Tim is far more interested in profits and stock price than Steve ever was.

Two very capable people running the worlds most important company in two VERY different ways.

 

ss2cire

macrumors 6502
Jun 18, 2008
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Earth?
I think it will do more damage to the bottom line when it inevitably tanks.

The masses won't adopt ridiculous bulky headsets at such extravagant hideously massive costs, regardless of whatever technology and capability it has. It's about as niche as it can get.

*saves post for future this aged as well as milk sitting in the sun*

=======

In all seriousness that's pretty cool, I do own some AAPL myself, though only about 1.5 shares. If I sell now, I'll make probably $5.
 

Isengardtom

macrumors 6502a
Feb 14, 2009
932
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All tech stocks seem overvalued. How much of the valuations are based on fundamentals?
In many tech companies that value is indeed based on a lot of hot air

but in the case of Apple, which is a very conservative company that does excellent managing of its supply chain, financials and therefore its risks, and that has a strong (but fairly limited )product line I’d say the fundamentals are pretty solid.

Off course share value will move with the overall economic sentiment but I don’t see apple being overvalued.
 

Steve121178

macrumors 603
Apr 13, 2010
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*saves post for future this aged as well as milk sitting in the sun*

=======

In all seriousness that's pretty cool, I do own some AAPL myself, though only about 1.5 shares. If I sell now, I'll make probably $5.
You can save it. I don't see people stampeding to pick up headsets starting at 4 grand.

Even if they make a peasant version for 2 grand that would still be a tall ask.
 

Unregistered 4U

macrumors G3
Jul 22, 2002
9,391
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Listen I know Apple’s valuation is (x) trillion, but you have to understand, they could be (x+rnd(x)) trillion if they would just (do the thing I want them to do that’s not financially viable).

That’s why they’re (doomed/beleaguered) in the long run.
 

djphat2000

macrumors 6502a
Jun 30, 2012
839
725
This is all very nice but was never Steve’s goal. Steve said it best, in an interview with Tim to his left, that he wants to build machines that he would love for his family and friends to use and to do so “at the lowest prices” they can.

Apple makes some great tech, but Tim is far more interested in profits and stock price than Steve ever was.

Two very capable people running the worlds most important company in two VERY different ways.

You don't think Steve had a hand in picking his successor?

It's not like Tim got rid of the mac mini or MacBook Air. We also wouldn't have M# series chips. We may very well still be under intel's grip. It's not like he choose AMD instead of intel to save a buck.

I don't think he ever meant lowest possible price to mean no profit. He meant the lowest price they can do. Within means of whatever profit they needed/wanted to make.
 
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