58 
Well, not quite. The Wall Street Journal reports that in order to understand how the financial market is fairing, analysts are cutting Apple out of the picture because their dominance skews things too much.
In fact, discounting Apple shows that the market isn’t as strong as thought. Still: iPad 3, yeah! [WSJ]
Further proof that Apple and it’s position in the finance markets is just a bubble that people don’t want to get caught up in when it bursts.
Agreed. So according to this, Apple are a statistical outlier. Nice.
Has anyone ever tried to calculate the true value of Apple? I’d be very interested to see the difference.
Say what you want about Apple, but you cannot deny they sell a lot of devices and they make a shitload of money. Good for them.
Anything can happen in the financial market, as we’ve seen over the last few years, so we’ll see.
Sales are great, but as Sony will tell you, things change quickly. Apple has very few patents (when compared to their competitors), no factories, and are not well diversified. If one were to analyse their true worth based on assets I’m willing to bet it would be less than 10% of it’s current market capitalisation.
True, Nokia and Blackberry are more examples of things that can go downhill.
Although I just read a news report that they now have 100 billion in cash “laying around”
While Apple’s p/e ratio is perhaps on the slightly optimistic side, I do find it amazing that the most valuable company in the world sells what are probably the most unnecessary items in the world.