How Much is Apple Worth?

“A chicken in every pot.”

–early 20th century political campaign ad.

An iPhone in every hand . . . in the world.”

–economic reality, 2012

Well, all the folks who feared that Apple would founder (no more f’s, promise) after Steve Jobs’ passing have been proven wrong, big-time:  the company’s stock went up 10% overnight — back to around $600 a share — on the news that every Chinese teenager, adult, senior citizen and tween (is that the right word?) apparently wants an iphone.

With lots of Indians, Indonesians, Phillipinos, Argentinians, Nigerians, etc. standing in line behind them (presumably).

Can Apple’s market cap more than double from here, to $1 trillion?

I don’t see why not.

About the author

Ross Kaplan has 19+ years experience selling real estate all over the Twin Cities. He is also a 12-time consecutive "Super Real Estate Agent," as determined by Mpls. - St. Paul Magazine and Twin Cities Business Magazine. Prior to becoming a Realtor, Ross was an attorney (corporate law), CPA, and entrepreneur. He holds an economics degree from Stanford.

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