Skip to main content

APPLE Going For Number ONE

Ten years ago, if you asked 1,000 investors to pick out 5 stocks that would be possibly the biggest company in the world, I doubt very much Apple would be even on any of the shortlist. Now Apple looks likely to be near enough to overtake Exxon Mobil. Its fascinating, one company has billions in real assets in the ground and millions of tons of expensive heavy machinery. The other just have Steve Jobs. Now both are jostling for the bragging rights to be the world's biggest company in market cap.

http://weblogs.baltimoresun.com/business/consuminginterests/blog/apple-logo1.jpg

One would have thought Microsoft had a shot 20 years ago, or even Google had a shot 3 years ago. Don't worry, you will know exactly when Apple overtakes Exxon .... all the media will be blaring out that momentous occasion.

Bespoke Investment Group: A year or so ago, Apple (AAPL) eclipsing Microsoft (MSFT) in size was starting to look possible. It became reality a few months ago. Now Apple has its sights on Exxon Mobil (XOM) as the biggest company in the world. Below is a chart of the market caps for Apple and Exxon Mobil going back to 2000. As recently as 2008, the comparison between the two was laughable. Now they're nearly on par with each other and rank as the #1 and #2 biggest companies in the world. A move into the $300s for Apple and some sideways action for Exxon would make Apple #1.

Imagine the question mark that would have popped up in your head had someone said 10 years ago that Apple would be the biggest company in the world but still have less than 10% of the PC market? There isn't a "pc" in "biggest," but there surely is an "i".

apple



Comments

The Emperor said…
This is an amazing fact - Apple shooting for largest company in the world. I plan to buy an iPad in spite of many tablets that have or are to be introduced into the market. What a fantastic franchise Apple has at the moment !
The Emperor said…
Which do you think will be the largest company in M'sia in 10 years time ? The top two are currently CIMB and Maybank. My guess is Padini. The stores are always crowded and my girlfriend says that the clothes and shoes are fantastic value for money.
MP said…
wow! what's your take on apple's valuations and success? hope you'll write a post on that ;)

Popular posts from this blog

My Master, A National Treasure

REPOST:  Its been more than two years since I posted on my sifu. This is probably the most significant posting I had done thus far that does not involve business or politics. My circle of close friends and business colleagues have benefited significantly from his treatment.


My Master, Dr. Law Chin Han (from my iPhone)

Where shall I start? OK, just based on real life experiences of those who are close to me. The entire Tong family (Bukit Kiara Properties) absolutely swear that he is the master of masters when it comes to acupuncture (and dentistry as well). To me, you can probably find many great dentists, but to find a real Master in acupuncture, thats a whole different ballgame.


I am not big aficionado of Chinese medicine or acupuncture initially. I guess you have to go through the whole shebang to appreciate the real life changing effects from a master.


My business partner and very close friend went to him after 15 years of persistent gout problem, he will get his heavy attacks at least…

PUC - An Assessment

PUC has tried to reinvent itself following the untimely passing of its founder last year. His younger brother, who was highly successful in his own right, was running Pictureworks in a number of countries in Asia.

The Shares Price Rise & Possible Catalysts

Share price has broken its all time high comfortably. The rise has been steady and not at all volatile, accompanied by steady volume, which would indicate longer term investors and some funds already accumulating nd not selling back to the market.


Potential Catalyst #1

The just launched Presto app. Tried it and went to the briefing. Its a game changer for PUC for sure. They have already indicated that the e-wallet will be launched only in 1Q2018. Now what is Presto, why Presto. Its very much like Lazada or eBay or Alibaba. Lazada is a platform for retailers to sell, full stop. eBay is more for the personal one man operations. Alibaba is more for wholesalers and distributors.

Presto links retailers/f&b/services originators with en…

How Long Will The Bull Lasts For Malaysia

Are we in a bull run? Of course we are. Not to labour the point but I highlighted the start of the bull run back in January this year... and got a lot of naysayers but never mind:






























p/s: needless to say, this is Jing Tian ... beautiful face and a certain kind of freshness in her looks and acting career thus far



http://malaysiafinance.blogspot.my/2016/12/bank-negara-may-have-switched-on-bull.html


I would like to extend my prediction that the bull run for Bursa stocks should continue to run well till the end of the year. What we are seeing for the past 3 weeks was a general lull where volume suddenly shrunk but the general trend is still intact. My reasons for saying so:

a) the overall equity markets globally will be supported by a benign recovery complemented by a timid approach to raising rates by most central banks

b) thanks to a drastic bear run for most commodities, and to a lesser extent some oil & gas players, the undertone for "cost of materials" have been weak and has pr…