
Apple Inc. has reached a new milestone, becoming the first company to achieve a market capitalization of $3.8 trillion on December 17, 2024. The market cap further increased to a new record high of $3.84 trillion by December 18. At $3.82 trillion, Apple's financial metrics include a price-to-earnings ratio of 41.7, a forward P/E of 30, a PEG ratio of 5.21, a price to sales ratio of 10, a past five-year EPS growth of 15.4%, and a price to book ratio of 67.2. The company's market dominance is highlighted by the fact that it alone is worth more than 77% of the 3,705 US-listed companies combined, surpassing the market caps of companies like Walmart, Eli Lilly, JPMorgan Chase, Visa, Mastercard, and Oracle.
41X earnings for a company with no growth… 🤔 #MathIsHard https://t.co/PA5DYXFAAb
Crazy stat: If you invested in the series A of Shopify /at a $25M valuation and sold when they went public You’d make a lower return than if you bought at IPO and held until today 100x since being a public company!
"Amazon’s story during the dot-com crash is fascinating. In December 1999, its stock price, split-adjusted, was $113. By October 2001, it had dropped to $5.50—a 95% decline. It took a decade to recover to its 1999 level, but those who held on made 30 times their money over the…


