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Re:Apple Is Not The Most Valuable Company In The History Of ... by reitzensteinm on Tuesday August 21, 2012 @12:32AM (#4411192)
>.... [Apple] would have a value of more than $3 trillion by 2020. As the Times points out, that is bigger than the 2011 gross domestic product of France or Brazil.

Comparing an outlandish guess for a 2020 market cap versus a 2012 gross domestic product (a flow of money, not a store) is hand waving, not analysis.

Re:Apple Is Not The Most Valuable Company In The History Of ... by lloeki on Tuesday August 21, 2012 @02:05AM (#4411366)
Also, extrapolating without much explanation means squat.

http://xkcd.com/605/

Re:Apple Is Not The Most Valuable Company In The History Of ... by confluence on Tuesday August 21, 2012 @04:51AM (#4411783)
Applies to teenage prodigies too.

I should write about the dancing monkey problem sometime.

Re:Apple Is Not The Most Valuable Company In The History Of ... by Dn_Ab on Tuesday August 21, 2012 @08:04AM (#4412290)
This is worse than hand waving. It is the kind of static typing error one gets when using Astrology to reason about money.

You just cannot compare the value of a projection/guess that doesn't account for inflation with the current instantaneous GDP value (thus completely ignoring the fact that money today is worth more than in 2020) while at the same time not projecting Brazil's current value.

Re:Apple Is Not The Most Valuable Company In The History Of ... by zhoutong on Tuesday August 21, 2012 @01:41AM (#4411326)
It's a [failing] attempt to make sense of hard figures. Pretty much like 3 times the distance between earth and moon.
Re:Apple Is Not The Most Valuable Company In The History Of ... by Jabbles on Tuesday August 21, 2012 @06:20AM (#4412056)
Surely if the journalist actually thought Apple stock would increase in value 6 fold in the next 8 years they'd buy it. (And then put a disclaimer on the article.) If the market shared their opinion then it wouldn't be available to buy at such a low price.
Re:Apple Is Not The Most Valuable Company In The History Of ... by rmc on Tuesday August 21, 2012 @07:59AM (#4412276)
Apples and Oranges. The GDP is the income of a country (roughly), the market cap is more than the current annual income of a company. Not at all comparable.
Re:Apple Is Not The Most Valuable Company In The History Of ... by Uchikoma on Tuesday August 21, 2012 @04:30AM (#4411715)
Indeed. Makes me wonder what France or Brazil are worth.