So assuming the research I've done is correct, and up to date, it seems that the total market cap in the US is 46.2 Trillion.
Apple's market cap is 2.94 Trillion, or about 6% of the total market cap in the US.
If, like some analysts project, and Apple's shares 10x in value over the next 10-20 years, then it's market cap would too, correct? (Since Market Cap = # of Shares x Current Stock Price).
I guess my questions are, is it even possible at this point for Apple to grow that much more? Since it's percentage would be so high compared to the total market cap? And if so, how high can it go? Is there some number that wouldn't make sense?
Just trying to make sense of it/learn about it.
Thanks!
Leave a Reply