Endless Apple

Fortunes can be made and lost at the casinos in Vegas, but just as easily can be made or lost in the stock market with much less risk. Casinos are designed for the house to come out ahead in the long run, making it very difficult to make a fortune at the tables. The stock market, however, provides a safer way to invest your money in the hopes of striking it rich.

How big a gamble is Apple's stock? The unbelievable increase since January makes this seem like an easy way to make money, but tread carefully. History has shown that with large spikes in a company's stock, large decreases are also bound to occur.

This past week Apple surpassed the 500 point mark as well as the 500 billion dollar value mark showing a strong correlation between the earnings and the stock’s value. As for the people who really believe Apple's stock has a chance to double and eclipse the 1000 point mark, take a look at the article imbedded in the title. The author Henry Blodget details the difficulty of Apple becoming a trillion dollar company. He sums his article up by saying "Apple would have to double the sales of its three main products and maintain its profit margin and earnings multiple." While these tasks are not impossible, I find it hard to believe Apple will be able to come close to doubling their earnings in the near future, which means it will be very difficult for them to come close to the 1000 point mark.