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Apple Inc. Message Board

  • vaniganti vaniganti Dec 23, 2012 6:13 PM Flag

    value of apple

    I dont understand, may be someone can explain. Last year Apple made and retained a profit of 40 billion dollars. Even if its business doesnt grow, at this rate it should pile up about 500 billion dollars in 10 years and there are a billion shares outstanding make it worth 500 dollars a share even if they dont make a dime afterwards. How can this company sell for 520 dollars when they are making 40 billion dollars of profit a year with no end in sight for the profit making company.

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