Why would one of the world's richest men bet $100 million on Apple (NASDAQ: AAPL ) ? The same reason any investor makes an investment: They believe the stock is going to go up.
In the video below, Fool contributor Daniel Sparks compares Apple head-to-head with Google (NASDAQ: GOOG ) to illustrate exactly how undervalued Apple is, even with growth expectations taken into consideration.
Apple has a history of cranking out revolutionary products... and then creatively destroying them with something better. Read about the future of Apple in the free report, "Apple Will Destroy Its Greatest Product." Can Apple really disrupt its own iPhones and iPads? Find out by clicking here.