Message Font: Serif | Sans-Serif
No. of Recommendations: 6
Apple's $500 Billion Year on Wall Street

Apple's $500 Billion Year on Wall Street
December 18, 2019
Since the start of 2019, Apple’s market capitalization has increased by $500 billion or roughly the equivalent of Facebook’s market cap. For the first time with Tim Cook as CEO, Apple shares are trading a premium to the overall market. Something has clearly changed when it comes to the way Wall Street is treating AAPL. However, the items that analysts, pundits, and the media positioned as catalysts for this dramatic change (Apple Services, iPhone sales rebound, 5G, improving U.S. / China trade sentiment) likely have little to nothing to do with Apple’s share price outperformance in 2019. Instead, changing behavior as it relates to passive versus active investing may be creating a type of perfect storm for AAPL shares.


It’s difficult to put a $500 billion market capitalization increase in context. Here are a few attempts:

Disney ($262B), Netflix ($146B), and three Spotifys ($78B) combined.

AT&T ($282B), Comcast ($196B), and a Spotify ($26B) combined.

Nearly two ExxonMobils ($588B).

Three Boeings ($558B).

Six Goldman Sachs ($498B).

Sixteen percent of the entire energy sector.

The market caps of the bottom 12% of the companies in the S&P 500 (60 companies in total).

Merry Christmas AAPL Investors!
Print the post  


What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.