Apple is overvalued at the current market capitalization of 2.99 trillion USD, according to Wolfteam Ltd.
Apparently, market participants extrapolate too fast revenue and profitability growth for Apple. Part of these high expectations may be due to the fact that market participants assume Apple can make efficient use of the treasure trove of terabytes of information Apple has gathered on its users via its services like Apple Cloud, App Store, the Apple software applications built in iPhones, iPads and Macintosh.
Apple's intrinsic value is 1.9 trillion USD, according to Wolfteam Ltd. If Apple does make efficient use on its thousands of terabytes of information Apple can substantiate its current market capitalization or even more, but based on the current state of affairs, Apple is worth 1.9 trillion USD, according to Wolfteam Ltd.
No comments:
Post a Comment