3 ms·

It reached $1T market cap less than two years ago… I wonder how much of this is due to the value of the dollar decreasing rather than the value of Apple increa

• awat 5y ago
  That was my first thought as well. While I don’t know their financials intimately from the outside I don’t know what they have done in comparison to Apple of yesteryear to triple the market cap. Feels ominous for the dollar.
• olliej 5y ago
  The value of USD vs other currencies. Noting of course the other currency values also change. Comparing August 2018 and today. USD vs the pound: 1:0.78 -> 1:0.74 = down 5% USD vs Yuan: 1:6.86 -> 1:6.36 = down 7% USD vs Euro: 1:0.86 -> 1:0.89 = up 3% USD vs CAD: 1:1.31 -> 1:1.28 = down 2.5% For inflation all these countries are targeting 2% annual inflation, so around 6-7% total inflation. So the most pessimistic view would seem to be USD vs Yuan and 7% from inflation, so maybe 14% comes from changes in "value"? Anyway, that's "only" ~$400 million :D