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I think the trillion dollar mark is actually a very important psychological barrier. I've long felt as long as this debate about which one will be the first to
by dkrich 8y ago
I think the trillion dollar mark is actually a very important psychological barrier. I've long felt as long as this debate about which one will be the first to cross that the market is sort of waiting for permission to value a company at over a trillion. I think it will be Apple and pretty soon, but no matter which company does it, I think it's important because I think others will be quick to cross over as well and this will blow the ceiling off the equities market. A trillion is a lot of money, but it's only about 10% higher than where Apple trades now, so there's no reason why they can't carry that valuation and quite a bit higher, especially as inflation continues to rise.
- SomewhatLikely 8y agoPretty soon indeed.