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I'll broadcast my opinions on your questions: 1) AAPL is arguably the most important company, full stop -- not just in tech. With the highest market cap in the
by goo 12y ago
I'll broadcast my opinions on your questions:
1) AAPL is arguably the most important company, full stop -- not just in tech. With the highest market cap in the USA, and a substantial share of mobile phones using both its hardware and software, it is the top dog.
2)
I'll take the other side of that bet without hesitation. Google makes headlines because it does a bunch of cool shit, but it still makes its money on advertising. (Something like 65% of its revenue comes from google.com search: http://investor.google.com/financial/tables.html http://investor.google.com/financial/tables.html)
I think the fact that Facebook has been leveraging its expensive stock to aggressively counteract (i.e. buy) potential rivals makes me somewhat confident that it will be relevant in 6 years. The fact that they are investing in potential big future winners like Oculus VR increases my confidence. At the very least it's cool shit, and that puts them in the headlines :)
3)
Who knows what future crazy tech breakthroughs will occur. There are unknown unknowns, and they will change the world and make the pioneers wealthy. Google embraces that possibility and continues to strive for more breakthroughs. If none of them succeed, at least they have their 50 Billion dollars of yearly revenue from advertising sales to fall back on...