Apple surpassed ExxonMobil as the largest public company out there quite some time ago. And now it's beaten Microsoft's Internet bubble-era record for market capitalization (not including inflation). Is Apple finally too big to succeed?
Whether you're a bull or a bear on Apple, Fool analyst Anand Chokkavelu cautions against that line of thinking. Simple metrics are rarely simple and we've been shown time and again that seemingly common sense predictions often don't pan out.
As for Apple in particular, remember, it's about whether its cash balance and future earnings and profitability can support its large market cap. Apple's proven profitability and its ability to expand with the forthcoming iPhone 5 release, internationally, and via Apple TV say that Apple may indeed be able to get bigger from here.
Anand explains in the video below.
Apple is the most influential company in technology and has delivered market-smashing returns for those lucky enough to invest in the company. However, with the impending release of the iPhone 5 and Apple TV on the horizon, the stakes have never been higher for the company. If you're looking for a recommendation on how to play Apple along with continuing updates and guidance on the company whenever news breaks, we've created a brand new report that details when to buy and sell Apple. To get started, just click here now.
