We don't know, but we still can't wrap our head around the fact that, after passing Microsoft in that respect, Apple yesterday briefly surpassed PetroChina. At one point, its stock was trading at $292.76, making it cost a billion more than the $265 billion price of the Chinese oil giant, before the stock closed a bit lower. The only company with bigger market cap than those two now is another oil behemoth - ExxonMobil, valued at $311 billion.
Now, we know market cap is a fairly rough way for company valuation, but the sheer precedence that a high-tech consumer oriented company is placed on the same footing in the eyes of Wall Street as traditional natural resources companies, is mind-boggling. We might be seeing a revolution going on here, and we would welcome any phone innovations it will bring. Or, it could be just another tech bubble, we'll have to wait and see.