When I wrote column, Apple worth $500 Billion, I wasn't
joking. In a recent run of 20%, Apple stock has reached 52 high again close to
$503. Apple stock is 52 weeks high trading at
$503 a share and that put company well over $480 billion market cap mark.
What does that mean in terms of valuation? That may easily put company over $1 Trillion valuation.
Some may say OK Facebook
is worth $100 Billion but
really? You compare two companies. Apple has a long history of showing growth
and productivity. When they both grow together, it gives a company stability. Apple
is one of the companies that keep getting better and better no matter where the
economy is going. With the products like iPhone and iPad, Apple has created a
new revolutionary smart devices era. Yesterday, Apple
crushed analysts' estimates on
both revenue and profit. Now when iPad 3 and iPhone 5 comes, that may
easily make Apple even more attractive.