SAI spoke with perhaps one of the biggest Apple Bulls we’ve ever seen. Investor James Altucher of Formula Capital (short Apple?) thinks that AAPL is worth more than a trillion dollars and that is at a two thirds discount because it is a huge company.
Of course, there is the Jobs question:
Be careful to catch Blodget and Task almost fall off the chair they are sharing when he says “$3Trillion!”
Steve Jobs is indeed an amazing leader, Altucher says. But Apple is now large and diversified enough that, if Jobs can never return full-time, the company will be okay without him.
- Who’s buying AAPL? George Soros and three other billionaires (9to5mac.com)
- Steve Jobs in hospital rumor sparks AAPL slide? (9to5mac.com)