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You truely beleive that a company with almost the largest market capitization of any company has a large chance of increasing it by 10x?
by throwaway2048 10y ago
You truely beleive that a company with almost the largest market capitization of any company has a large chance of increasing it by 10x?
- rplst8 10y agoThis - and the fact that branching out of phones/tablets/computes into cars or space exploration would be a pretty big jump industry wise. Everything they've built to-date has been an extension of either desktop and portable computing or Internet/networking/web technology. The one exception to this is their Music/Book/Movie business, but from my understanding those not only pale in comparison to their "physical" device sales, they are only done out of necessity to supply said devices.
- colbyh 10y agoin 1993 Exxon was the world's most valuable company with a market cap of roughly $80B. they didn't reappear as the most valuable company again until 2007 with a valuation of roughly $500B. yeah, big swings are still possible even in very established markets.
- aurelianito 10y agoHow do these numbers look closer if you correct for inflation. $80B in 1993 are equivalent to $114.79B in 2007.
- kfk 10y agoThe way I see it, Apple either grows exponentially or linearly and I give those outcomes a 50/50. By the way, a company doesn't need to do 10x the stock price to deliver 10x to investors. They can pay dividends. They can sell divisions. We have been enjoying exponential growth for a while now: https://ourworldindata.org/wp-content/uploads/2013/11/long-term-real-growth-of-gdp-in-the-us-1871-2009-visualizing-economics-645x447.png https://ourworldindata.org/wp-content/uploads/2013/11/long-t...