The Most Valuable U.S Company in History : Apple
The Most Valuable U.S Company in History
As the word of mouth continues for the release of the next generation Apple iPhone on September, another great news bumped Apple. Yesterday (August 22) (Bloomberg) announced , “Apple is the most valuable U.S Company in history”, as its stock trades at a discount to Nasdaq Composite Index and says it has more room to go.
According to Bloomberg Data, Investors value Apple at 15.4 times trailing 12-months earnings, while the average company in the 2,495-member Nasdaq trades at 16.5 times.
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