Apple stock has been on quite a tear for the past week and half. And today, as of 3:10 pm, Apple is trading at over $495 and its Apple’s market cap ($461 Billion) is greater than the sum of the market caps of Microsoft ($257 Billion) and Google ($199 Billion) combined.
Disclosure: I am long AAPL.
Related articles
- AAPL passes 10% of all of NASDAQ value as analysts target half a trillion dollar valuation (9to5mac.com)
- Apple’s $90 billion run (tech.fortune.cnn.com)
- Apple: What Will Come First, IPad 3 Or $500 Stock Price? (blogs.wsj.com)
The P/E is out of control. Buy Gm. (this is not investment advice)