Let’s put Apple’s amazing cash on hand numbers into perspective
he company now has $137.1 billion in cash — a 12.9 percent increase from the last reported number, $121.3 billion. With such a big figure, it’s hard to realize how big it actually is. In 2012, HP had $120.4 billion of annual revenue. Apple slightly edges HP’s revenue with its cash. Even more impressive, Apple has slightly more cash than Vietnam’s nominal GDP of $123.6 billion.
if apple were to dissolve and sell everything ( stores, pattents, etc) and distribute that money in addition to the 137B in cash to shareholders you wound get about 2,600/share.
its price now is highly manipulated. at a P/E of 6.4. During the great depression of 1929 the market had a P/E of 6.Even with zero growth apple should be at least a 700 stock.
I just dont get it