What Does Warren Buffett Think About Apple's $3 Trillion Market Cap?

07/05/2023 β€’
What Does Warren Buffett Think About Apple's $3 Trillion Market Cap?

Warren Buffett acknowledges the achievement but finds it challenging to find such large-scale undervalued businesses. β€” Majority of the comments suggest that Buffett acknowledges the success of Apple and the significant gains it has brought to his portfolio, despite the difficulties in finding such large undervalued businesses.

Stats
68% 204 Reddit
31% 92 Twitter
2% 5 Hacker News
45% Neutral
30% Positive
25% Negative
52% πŸ˜ƒ Joy
19% 😯 Surprise
18% 😱 Fear
6% 😒 Sadness
5% 😑 Anger
0% πŸ₯° Love
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😯
😱
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Story
  1. There is a strong sentiment of amazement and admiration towards Apple's achievement of a $3 trillion market cap, which is seen as a testament to Apple's continued success and dominance in the technology industry.
  2. A major criticism raised is the perceived disparity between the vast wealth accumulated by tech giants like Apple and unresolved societal issues such as poverty and homelessness. Critics argue that society's priorities are skewed towards shiny tech gadgets rather than the well-being of fellow humans.
  3. There's speculation about whether other companies, such as MicroStrategy and Bitcoin, could eventually surpass Apple's market cap.
  4. Opinions vary regarding the future growth potential of Apple. Some individuals believe that Apple could achieve even higher market caps, potentially reaching $10 trillion or more in the long term.
  5. Some comments mention Warren Buffett's perspective on Apple's market cap, acknowledging that Berkshire Hathaway has benefited significantly from buying Apple stock. However, differing opinions exist regarding how much room Buffett believes Apple has to grow in terms of its market cap.
  6. Various factors contributing to Apple's dominance in the tech industry have been identified, such as its strong brand, diversified product portfolio, loyal customer base, and investor confidence.
  7. Some people question the true value of Apple's market cap, arguing that it's inflated by investor perceptions and does not necessarily translate into actual resources for the company.
  8. Comparisons have been made between Apple's market cap and the GDPs of entire countries, demonstrating the tech giant's immense size and influence.
  9. It's highlighted that Apple's market cap is equivalent to the combined market values of several other major companies, including Tesla, Berkshire Hathaway, Meta (formerly Facebook), and Netflix.
  10. A handful of comments express optimism about Apple's ability to maintain its $3 trillion market cap, attributing this potential to Apple's continued success, market dominance, strong brand, and diversified product portfolio.
  11. Some commentators argue that Apple's valuation is largely determined by investor perception, which is based on expectations of future profits and returns.
  12. Critics have raised concerns about the contrast between Apple's soaring market cap and ongoing societal issues like homelessness and poverty.

Sources:

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