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Just Another Bubble Chart
Everyone loves a good "How expensive is the US stock market?" chart. And God knows you can conjure p
Of the top tier companies, Apple’s massive stock appreciation surprises me the most. You’d think they’d saturate the market eventually, but people keep buying phones even though each new release is hardly distinguishable from the last at this point. I suppose revenue has basically leveled off, but it’s still impressive considering how much of their revenue is hardware.
I do like Apple products and use an Iphone (only on my third smart phone and plan to make it last as long as possible) and Macs, so I guess they’ve got me locked in and supporting their continued domination.