Apple's getting ready to slingshot around a trillion dollar sun - awesome.
Image: Lisa Fotios
Super exciting. Last night (Perth time) Apple hit an all time high of $201.50.
This is huge because at a little over $208 per share (give or take due to buy-backs) means the world's first trillion dollar capitalised stock.
The last time this was mooted was in 2015 before Wall Street got the wobbles on the iPhone business and before Berkshire Hathaway bought the following dip.
Source: Yahoo charting tools, Steve Jobs.
The time period I selected for the chart commences on the first launch of the iPhone (some 10 years before the iPhone X was released last year) which started an upwards trajectory that has been building warp ever sense.
With the Trump Trade War threatening to torpedo the global economy, I am excited to see whether Apple gets up enough momentum to slingshot around its trillion dollar sun - and possibly drag Amazon with it, in its wake.
Engage!
Mike
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