Why Apple Is Worth $3 Trillion approximately?

-



 Why is Apple Is Worth $3 Trillion approximately?


A Question to wonder

The stock briefly hits $3 trillion in market value terms recently, which is more than 10% of the U.S. economy.

Apple has beaten the market averages, with the shares rising 360% (approx) over the last 3 years.

Below are a few reasons :

1. Stellar returns over the last few years are mostly due to an expansion in the PE ratio.

2. Consistent earnings growth justifies that higher premium and it's usually seen that Investors pay up for consistency.

3. Business shows an enormous subscription platform on the rise.
Eg. Apple Music, Fitness+, Apple TV+,etc

Any more reasons to add by anyone?

Comments

Post a Comment

Popular posts from this blog

It’s all right to feel pain!!!

-
Image
  It’s all right to feel pain!!! There are no great secrets hiding behind the doors of happiness, except that everything is great and is supposed to be great for you to remain happy. You find out a lot about life, yourself, and others when you don’t mind stepping outside of feeling happy. You find out what your limitations are, what you can take, what you can come back from, and what you can become. None of that can be learned and actualized by wishing to be safe and happy all the time.
Read more

Country Default Spreads

-
Image
  How to calculate a country default spread? For countries that don’t issue dollar-denominated bonds or don’t have a CDS spread, you have to use the average spread for other countries with the same sovereign rating .   With the above approach have calculated country default spread for 80 countries using the sovereign rating. link below :    https://github.com/spai45/fortuneandfinance/blob/main/Country%20Default%20spreads.xlsx
Read more