Re:Apple becomes first U.S. company to reach a $2T market cap
by wmab on Wednesday August 19, 2020 @11:59AM
(#24211841)
Agreed, that's correct for public market prices in general. I'm not commenting on the valuation of the business, merely the business model that "succeeded" (one definition is valuation). I would have said the same 2 years ago when they hit 1T.
[ Parent
| on HN ]
Re:Apple becomes first U.S. company to reach a $2T market cap
by ianai on Wednesday August 19, 2020 @12:02PM
(#24211879)
Right. They’re clearly not an income stock based on their dividend. They’re a heavily weighted future value stock. (Basically a tech stock but wonder whether there’s a more general term?)