Apple's shares break the $500 barrier, on the way to a trillion dollar company?

Apple's shares break the $500 barrier, on the way to a trillion dollar company?
Despite fair labor disputes at its supplier factories and suggestions that the iPhone 4S won't sell as well as before due to being housed in an iPhone 4 chassis, Apple keeps on breaking sales records and it gets reflected in the share price.

It broke the $500 psychological barrier today, lifted with the broader market thanks to the Greek rescue relief, and now one Apple share costs more than a basic iPad 2.

A lot of analysts believe that the stock is still way undervalued for the performance that Apple is delivering, as it only sells at 14 price-to-earning ratio at this price. Compare that to Amazon, for example, which sells at 137 P/E, and made only quarter of a billion in Q4, dwarfed by Apple's nearly $7 billion in pure profit.

Still, investors were weary about the passing away of an inspirational leader as Steve Jobs, but apparently his legacy and product pipeline will ensure Apple's well-being for quite some time, and now the bets are whether Apple will become a trillion dollar company in a few years, as today it stands close to $500 billion already.

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23 Comments

1. marinbuyukliev

Posts: 13; Member since: Nov 23, 2011

fake Apple = slave

9. bigdawg23

Posts: 467; Member since: May 25, 2011

Can I see proof? Don't say look at FoxConn because that has yet to be proven. Besides FoxConn operates under Chinese law and not the USA. Lastly Apple is not the only company using FoxConn,

19. JeffdaBeat unregistered

Pfft, you could get proof. Hell, we had proof about Nike, but it doesn't stop anyone from buying their gym shoes. I can't exactly get on the bandwagon of folks being critical of Apple because most of or electronics and clothes are made the exact same why by the same people under the same mistreatment. If we are going to change, it has to be more than just an iPhone. My question is, if you're so upset about what Apple is doing, what are you doing to change it other than posting on a message board?

2. windowsRocks

Posts: 155; Member since: Oct 28, 2011

But the future doesn't look too bright for Apple...

11. iamcc

Posts: 1319; Member since: Oct 07, 2011

There will always be a place for Apple products. No matter how advanced other companies may make their products there is just something to be said for a product that is easy to use. My girlfriend is very smart and loves her Nexus but if she had bought an iPhone4S instead I wouldn't have had to help her learn it at all. Not to say Android is difficult but it's not as intuitive as iOS and no matter what some people will always prefer simplicity. Besides, they make great products.

14. JC557

Posts: 1919; Member since: Dec 07, 2011

How the f- does that make any sense? Having been tied to both the iPhone 4 and Thunderbolt they both require their fare share of clicks and navigation through settings. The Thunderbolt makes it a bit easier (Thanks to Sense) with the drop down notification bar and one touch settings/ paint palette thingy. Both require some learning curve in order to get full functionality. The guy who's iphone went off during a concert? He never had a smart phone before and didn't know about the alarm settings or that he even set one. He received the phone as a gift from his kids.

16. iamcc

Posts: 1319; Member since: Oct 07, 2011

Look man I love Android as much as the next person but to think that iOS and Android are equal in terms of the learning curve you are just plain wrong. Yes, they both require their fair share of clicks but iOS is simply easier to operate... IN MY OPINION

22. cellphonator

Posts: 298; Member since: Oct 29, 2011

I use BB andI've been playing around with Android and iPhones of friends of mine I have to agree with this, iOS are easier to learn for average user (the big majority) and this is also part of their success. That said I still don't know what to get, I like them both.

3. bbblader

Posts: 590; Member since: Oct 24, 2011

Two friends: 1-well guess what overpriced company got to a trillion dollars 2-Um apple 1-no the overpriced apple wait a second i know why the apple logo is not a full apple steve jobs took a lot of pieces out from his products and made it overpriced so they had a ''bite'' from the apple logo and sold it as a full apple

18. Lucas777

Posts: 2137; Member since: Jan 06, 2011

how is apple overpriced… did u not just read how it is underpriced? or did u just read apple and immediately try to find a way to dis it.. apple is a very successful business and i could see them approaching a trillion..

21. bbblader

Posts: 590; Member since: Oct 24, 2011

let me tell you why the iphone in my country costs 1800 BGN that is about 1000 dollars the SGSII however costs 1000 BGN 1000+ goodies more than the iphone 4s almost a half the price

23. Lucas777

Posts: 2137; Member since: Jan 06, 2011

which country? in the us, they are exactly the same price.. the 4s is often cheaper than some comparable phones that are 300… and this of course comes with all the maintenance from apple stores that other phones cannot match

4. Striker

Posts: 92; Member since: Nov 06, 2011

What can I say. Go Apple, the future is yours! :)

5. Giggity

Posts: 147; Member since: Nov 17, 2011

Isn't wonderful how billions of dollars these sheeps and parasitic investors feed to Apple never get to circulate in the States's economy properly?

7. gallitoking

Posts: 4721; Member since: May 17, 2011

why the hate?..

20. cellphonator

Posts: 298; Member since: Oct 29, 2011

What do you mean by circulate in the States? Bring the money back and get slammed by the tax code of almost 40%?

6. MobileCaseReview

Posts: 242; Member since: Feb 10, 2012

Good business is good business. Congratulations Apple.

8. Jake16

Posts: 10; Member since: Nov 18, 2009

All the people that be hating are probably just mad that they didn't buy apple stock when the company went public, including me :(

15. JC557

Posts: 1919; Member since: Dec 07, 2011

Not really too bad, considering that at the time it was considered a pretty big gamble as all IPOs are. How many people were willing to take that risk for a possible failure? I had Cisco and Yahoo, sold both and bought Apple when it split and wasn't expecting it to make much but it was much better than holding onto the previous two after the dot com bubble burst.

10. quakan

Posts: 1418; Member since: Mar 02, 2011

Full steam ahead!

12. Jphones

Posts: 258; Member since: Feb 10, 2012

Ha tell Apple to keep its money on shore most of their money is in off shore accounts. Should be illegal for companies to have their money in off shore accounts. Should have to keep it in their country where their HQ is located. Plus Apple hires through temp agencies so they habeas high turnover rate. Apple is a tech version of Wal-Mart make huge profits but treat their employees like s**t. an for you fan boys out there I know from experience have worked at both places.

13. baaam

Posts: 61; Member since: Jan 06, 2012

Wow!! Whole lot of Benjamins!!!

17. ChiX017

Posts: 308; Member since: Nov 09, 2011

You can HATE all you want, they still make their MONEY!! LMAO!

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