Apple's Market Share Now Worth $$ Half Trillion

[Steve Williams]

http://www.washingtonpost.com/busine...8hR_story.html

[vinylphilemag]

A HUGE sum of money! I wonder how long it'll be before Apple just buys the US? :-) The USA can even keep their name, except the A will stand for Apple! :-)

[Steve Williams]

I just saw on CNBC that Apple is worth more than

1. The GDP of Poland

2. All of the naval airfleets and warships of the USA

3. All of the value of the highways in the USA

[amirm]

It is a remarkable rise, based on old fashion economics of selling widgets for a profit as opposed to pure hype of a company. Question is way down the road, can there be troubles given the fact none of the current management is remotely the same as Jobs in skills, insight or attitude. If there is no discontinuity in the technology or marketplace, they can ride this for a long time. But if there is, you only need to look at Microsoft and evolution of tablets and phones to know that all it takes is one second and you are a "has been" rather than the new darling.

I was talking to one of my ex employees who used to work at Apple. She says Cook and crew are classic managers with none of the things Jobs had. So while my portfolio manager has Apple stock now, I would want to look at this a few years down the road .

[Phelonious Ponk]

It is a remarkable rise, based on old fashion economics of selling widgets for a profit as opposed to pure hype of a company. Question is way down the road, can there be troubles given the fact none of the current management is remotely the same as Jobs in skills, insight or attitude. If there is no discontinuity in the technology or marketplace, they can ride this for a long time. But if there is, you only need to look at Microsoft and evolution of tablets and phones to know that all it takes is one second and you are a "has been" rather than the new darling.

I was talking to one of my ex employees who used to work at Apple. She says Cook and crew are classic managers with none of the things Jobs had. So while my portfolio manager has Apple stock now, I would want to look at this a few years down the road .

Time to sell then? I've been holding since the mid 90 s.

Tim

[amirm]

Time to sell then? I've been holding since the mid 90 s.

Tim

Not if they are going to give dividends. With $100B in the bank, that should be a good number as they may give out a chunk of that to start. And right, according to my banker, dividend paying stocks are the place you want to be ("paid to wait").