Apple Inc, the iPhone producer is valued at 2.52 trillion USD on the Nasdaq bourse currently.
I personally think, Apple's intrinsic value is 1.52 trillion USD, which is an increase from my previous estimates of 1.1 trillion USD for Apple's value, due to my revised forecasts of Apple's durable competitive advantage.
There are several risks that undermine Apple's future value - Taiwan, 35 % probability, recession, 62 % probability, which decreases luxury goods consumption and less revenue from App Store than Apple currently forecasts, 71 % probability.
Even at 1.52 trillion USD, Apple Inc will be worth a staggering amount of money.
Warren Buffett controlled Berkshire Hathaway has wisely invested more than 100 billion USD in Apple's stock, is my humble opinion.
Apple covers all of the Oracle of Omaha's criteria - durable competitive advantage due to Apple's design know-how, large, complex production chain and consumer attachment, moat driven by the perception of success associated with owning Apple's products, consistent and high margin profitability.
Apple even distributes dividends.
All in all, Apple is a huge success story for corporate America and even only driven by momentum, Apple Inc's successful run will continue, I think.
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