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Apple had a net income of ~$100B last year (and will in all likelihood have a similar amount this year) and a market cap of ~$3T. Nvidia is likely to have a ne
by ls612 2y ago
Apple had a net income of ~$100B last year (and will in all likelihood have a similar amount this year) and a market cap of ~$3T.
Nvidia is likely to have a net income of around $50-60B this year and has a market cap of around $2.4T.
It doesn't take that much growth being priced in for the stock to suddenly seem reasonably priced.