Apple is already the world's most valuable tech company, but now some are speculating that the Cupertino giant is about to go even further and become the world's most valuable company of any stripe or type period! And yes, that includes even the world's current two biggest, Exxon and China Petrol.
Apple, by the way, is already the third most valuable company worldwide after the above, and according to a recent Motley Fool, MSNBC article they are predicting that you can bet on it supplanting both of those petroleum giants in the not too distant future as well!
Eric Bleeker, the author of the post, gives four primary reasons on why he believes it's a sure bet that indeed Apple is about to shortly become the biggest and most valuable company of them all, listing them as being:
1. Software is the new kingmaker
2. iOS scales
3. Consumer behavior on its side
4. Underrated smartphone growth
You can read his in-depth explanation of the above four points here.
Of course, not everyone believes this will be the case, but for the most part, I think that Mr. Bleeker could very well be correct in his assessment of Apple's future value. Those who caution Apple's value include Fortune's Scott Cendrowski who believe that one of the biggest threats to Apple' value is that it, "now it faces a nemesis that can paralyze any stock: the tyranny of high expectations."
So, could Apple really become the world's most valuable company ?
Absolutely, it's certainly doable and even most likely, but it's not exactly guaranteed either.
In conclusion, I have to agree, in parts, with both Mr. Bleeker and Mr. Cendrowski' assessments, but only time will tell who's assessment will win out. However, considering Apple's incredible track record thus far, Apple could, and most likely even will, indeed become the world's most valuable company soon. This is especially true considering that one of Apple's biggest threats, namely that of the seemingly unstoppable Android platform, has many problems facing it, such as the fragmentation caused by the fierce competition among its many partners, and all of which could easily help aide Apple in maintaining and surpassing its current astronomical value.
And that's my 2 cents 4 this Monday, September 13, 2010
Illustration via: Financial Advice For Beginners