Apple Inc. has just crossed the trillion dollar market capitalisation mark.
That is US$1,000,000,000,000.
I hope I have gotten the number of zeroes correct.
I am proud of having contributed to Apple’s earnings over the years and now, I bask in a tiny bit of that glory.
Today, technology companies are powering the world’s economy and significantly influencing our daily lives. I cannot function without Google products and I find it difficult to communicate with people without Facebook services.
Many investors have recognised this trend and hopped onto the bandwagon, and any portfolio today that does not have exposure to tech stocks such as Facebook, Amazon, Apple, Netflix and Google (FAANG) would risk underperforming. Aside from these commonly known tech stocks, many Chinese companies like Alibaba, Baidu and Ctrip are traded in USD on the U.S. stock exchanges as well.
If you are into these tech stocks or any ......