Locator: 46231AAPL.
If Monday is an "up" day for AAPL, the talk this week -- all week -- on CNBC will be AAPL reaching the $3 trillion milestone (again). YOLO, MOJO, FOMO -- in that order.
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Again, all my posts are done quickly. There will be typographical and content errors in all my posts. If any of my posts are important to you, go to the source.
Use search: aapl trillion market cap.
August 1, 2018, pre-pandemic: CNBC looking for AAPL to have a market cap of $1 trillion.
at the time: p/e, 19; if AAPL goes to $203 / share = $1 trillion market cap
August 2, 2018, one day later: Apple just hit a $1 trillion market cap -- first publicly traded traded US company to reach that milestone.
August 19, 2020, pandemic; market cap, $1.991 trillion; needs to hit $467.30 for $2 trillion market cap; outstanding shares: 4.28 billion
December 10, 2021, pandemic waning: at the close, AAPL market cap, $2.944 trillion. Trading at $179. P/E - 30.
December 31, 2021, pandemic coming to an end: market cap $2.9 trillion; $180 / share x 16.32 billion shares = $2.9 trillion.
January 23, 2022: market cap at $2.996; $180.89. CNBC reports AAPL hit $3 trillion market cap.
March 17, 2022: market cap at $2.6 trillion.
December 1, 2023: So, where are we today --
- trading at $191.30
- P/E: 31.15
- shares outstanding: 15.55 billion
- market cap: $2.974 trillion
- back of the envelope:
- $3 trillion / 15.55 billion = $192.93 / share.
- $192.93 - $191.30 = $1.63. 1.63 / 191.30 ---> 0.0852%.
History:
Put that Motley Fool note in perspective. From ycharts:
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