It reached $1T market cap less than two years ago…<p>I wonder how much of this is due to the value of the dollar decreasing rather than the value of Apple increasing?
> To Mr. Lazonick, a $3 trillion valuation is the result of a mix of factors. “It’s impossible to know how much of that is speculation, how much is manipulation and how much is innovation,” he said.<p>I like quotes like this. Apple, for all their endless praise, is still a black box. We quite literally have no idea what they're worth, because they won't tell us. It only begs the question <i>why</i>, which, well...<p>> “Apple could have gone and used that money to do all sorts of things. Instead, they’re using it to boost their stock price,” said William Lazonick