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I have no reasons to believe I know anything about the markets/apple/stocks/investing, but who would have thought the market would actually value essentially iP
by 0xCMP 11y ago
I have no reasons to believe I know anything about the markets/apple/stocks/investing, but who would have thought the market would actually value essentially iPhones more than oil (and this was before this whole oil-supply-crisis we're in)? If sales turn out to be growth (which, as other commenters have pointed out it probably will since it's doom/gloom every year and every time) then the market will rejoice and probably drive it up to that height. Some big-investors thought it'd get to $250(!) a share. I think they were full-of-it, but the market responds in strange ways and 144 isn't too far from their height to reach if there isn't a major economic event that changes things in the meantime.