Apple has moved to within spitting distance of a trillion-dollar valuation, but Amazon is closing the gap. Will the growth continue? I think that, perhaps after a few wobbles, Apple’s best days are ahead of it. Keep an eye on China.
Microsoft briefly enjoyed a market valuation in excess of a trillion dollars on April 25th, becoming only the third company in history to pass that level. It’s success, along with much of the success enjoyed by Amazon, is down to the way business is being transformed.
There’s a bubble, right? There is too much debt out there, stock markets look frothy, it’s going to end in tears. Well, don’t go so fast. There is another point of view that is altogether more optimistic, and recent news on both the UK and US economy lends support to this optimistic point of view.
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