Already the most valuable company in the world, Apple hit the $500 mark, just $40 billion shy from breaking the $500 billion market cap, according to Forbes. So what does this mean to investors and what does this mean to the public, now that Steve Jobs isn’t at the helm? There are pundits on both sides of the table arguing that it is overpriced, and others saying it still has room to move up. To determine this, many factors are in play and the question is what catalyst is left to drive the stock.
One way to look at it, investing $10,000 into Apple in 2000 would be worth about $966,667 today. Even since December 2010, just a little over a year ago, Apple has increased by $230 billion, almost 98%. Everyone has probably heard by now that Apple is larger than Google and Microsoft combined, or that the iPhone alone is a bigger business than Microsoft….
Read all about it at
http://www.forbes.com/sites/investopedia/2012/02/28/apple-stock-500-and-climbing/
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