You're right. In September 2016, Apple's market cap was around 500 billion with 45 billion of profit. Apple is currently at 1.83 trillion with 58 billion of p

You're right. In September 2016, Apple's market cap was around 500 billion with 45 billion of profit. Apple is currently at 1.83 trillion with 58 billion of profit. The stock price has tripled, but the profit has not. Apple's fundamental value metrics were significantly different a few years ago.