What Happens To Stocks if Someone Upsets the Apple(AAPL)-cart?

By Simon Maierhofer | ETFguide



RELATED QUOTES

SymbolPriceChange
^GSPC1,358.04004+14.81
^IXIC2,959.85+0.00
^DJI12,904.08+123.13
AAPL502.21+0.00
SPY136.05+0.00
'Upset the apple cart' is an English expression referring to something that causes trouble or upsets someone's plans.
What happens if someone upsets Apple stock?
To assess this scenario, we have to understand just how integral Apple is to recent gains across the board:
How Huge is Apple?
Based on market capitalization, Apple is the most valuable company in the world. With its recent surge in shares, Apple became the first company to be valued north of half a trillion dollars since ExxonMobil in July 2007.
As a comparison, ExxonMobil is valued around $390 billion. Microsoft's market cap is around $250 billion, Google's around $200 billion, IBM around $220 billion and Wal-Mart around $210 billion. Since January 2007, AAPL has surged nearly 500%. Many analysts feel that Apple with be the first company to break the $1 trillion mark (I'm not one of them)...read more.

No comments:

Post a Comment