President Donald J. Trump tours the Apple Manufacturing Plant with Apple CEO Tim Cook Wednesday, Nov. 20, 2019, at Flextronics International LTD-Austin Product Introduction Center. (Official White House Photo by Shealah Craighead)
Apple’s valuation has grown so large, it eclipses that of eleven of America’s best known, big blue-chip stocks. Your Survival Guy writes (my words in bold):
Yesterday, Apple surpassed $3 trillion in market cap.
That’s a lot of iPhones.
Did you know that with $3 trillion you could own ALL of McDonald’s, Walmart, AT&T, Philip Morris, Berkshire Hathaway, Procter & Gamble, JPMorgan Chase, Starbucks, Boeing, Deere, and American Express combined? (eleven blue chips) Notes Spencer Jakab in The Wall Street Journal’s “Heard on the Street.
Abstracted from The Survival Guy. Richard C. Young
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