Stock watch

Clem Cham­bers, CEO of ADVFN, the lead­ing stocks & shares web­site

Mac Format - - APPLE WORLD -

It’s a sign of get­ting old when num­bers start seem­ing too large to be sen­si­ble. As a child, news­pa­per head­lines had num­bers in the hun­dreds of thou­sands. Then it took mil­lions to make it as head­line news. Then bil­lions were the or­der of sig­nif­i­cant sig­nif­i­cance. Fi­nally the dial has turned to­wards tril­lions.

Many ex­pect Ap­ple to be the first US tril­lion dollar en­ter­prise. Ap­ple only needs to rise an­other third for its mar­ket cap­i­tal­i­sa­tion to hit the 12 zero scale – up to $165-175 a share from its cur­rent $125.

The trou­ble is, that’s about half the price of the Ap­ple Watch for ev­ery man, woman and child on Earth. So Ap­ple re­ally does have an as­tro­nom­i­cal val­u­a­tion – to com­pare it you have to be think­ing on a plan­e­tary level.

The Watch has just burst onto the mar­ket, but whether this will be the cat­a­lyst to get Ap­ple to the tril­lion is an­other mat­ter. How­ever, it has the be­lief of Planet Earth’s lead­ing stock mar­ket be­hind it…

Newspapers in English

Newspapers from Australia

© PressReader. All rights reserved.