If Apple would make 1/2 the profit they made this Q, then in 5 years...
They can conceivably have $262 billion in cash ($25B/yr x 5yrs)= $125B+Current $137B= $262 BILLION CASH!
And you guys think this is dropping to $250/share? That would mean Apples $ is worth less than everyone elses $. ZERO logic.
Silver I was thinking the exact same thing but projected it out 10yrs. And for that matter 30yrs if I'm lucky to be alive. I'm still sticking with $40+b/yr for 10yrs plus the $140 in current tangible equity is $640b that will be on the balance sheet in 10yrs time. And that is why I'm buying as much as possible in after hours.