Apple, Inc - $400 billion mark

Yesterday, Apple stock traded at an intra-day high of $429.47 surpassing market cap mark of $400 billion.

$400 billion. August 1997 - 90 days from bankruptcy. January 2012 - $400 billion market cap. 15 years.

That is a fifth of human's life expectancy in developed world. So if you are 30 years old right now, by the time you are 45 you can also change the world, just like Mr. Jobs, if of course these are your ambitions.

This $400 billion mark is meaningless, it doesn't mean much to any of the Apple employees, it is not the reason why they will continue to make great products, it is just a reminder than in life anything is possible.

"Here is to the crazy ones" (Apple ad from 1997)
Is it worth $400 billion? Well, if somebody is willing to pay $400 billion for the whole business than yes. Yesterday many people bought Apple stock trading at $429. So if you bought one share you are also willing to pay $400 billion for the whole business provided you have the money, probably not. So how come almost 10 million shares were traded yesterday? Well, here we go again, if you notice craziness on the market, just follow it, because this is one place where money can be made after sanity kicks in again. I am not suggesting anything, but in my opinion, Apple has shown that in life everything is possible. From inevitable bankruptcy to the largest company in the world (August 2011) to $400 billion market cap (January 2012). Also, where great things happen, crazy people follow. So, - here is to the crazy ones.

Enjoy.

Damian Kosutich