Don’t Bet Against Apple: 4 Quick Points 5-14-25
episodeTranscript
jump: chapters · find in transcriptTranscript
Transcript generated automatically by AI and may contain errors.
Why should you not bet against Apple despite market dips?
This is Scott Becker with the Becker Private Equity and Business Podcast. Today's discussion is don't bet against Apple for quick points. So here's the deal with Apple. We often do this series of things not to bet against, don't bet against Elon Musk. I guess you could say it, don't bet against President Trump. He's a resilient person, whether you like him or not, or a resilient person. Apple, with the amount of phones they sell and the ecosystem they've built and all the different ways they make money, at the end of the day, I tell you not to bet against Apple either. Now, three or four quick points. First, Apple's down about 15% year-to-date. It's no longer approaching $4 trillion in market cap.
Second, it's again back to over $3 trillion in market cap, and that's a big deal because there's only two companies above $3 trillion in market cap. Apple's at about $3.17 trillion in market cap. Microsoft's about $3.6 trillion in market cap. Third, Apple – Besides the phones, and the phone sales seem to have sort of equalized or moderated in terms of growth, not even the growth they once had. But it still is very hard, particularly in the high-income countries, to switch from Apple to Samsung and change the ecosystem you work on. Now, Apple makes so much money from these different kinds of things in their ecosystem. whether it's the app store, the bookstore, million different in-app purchases. I buy promotional ads on Twitter. I'm paying through Apple.
I mean, they get a piece of everything. They're like the house. So at the end of the day, I think to give you three or four points, yes, Apple's down 50% year-to-date. But yes, it's the only other stock besides Microsoft that's above $3 trillion in market cap. In three, they've built this incredible, incredible ecosystem. So at the end of the day, Apple fits in this category of companies not to bet against. Really amazing what they've done. Don't bet against Apple. And thank you for listening to the Becker Private Equity and Business Podcast. And a special shout out today to the one and only Chanel Bunger, the greatest producer I've ever worked with, just fantastic, who we work with on the Becker Private Equity and Business Podcast. Thank you very much.
No segments match your search.
Select any passage to copy it with its citation or turn it into a shareable card.
Chapters
2 chaptersMore from Becker Private Equity & Business Podcast
We’re a Lot Closer to Being a Decent Golfer Than We Used to Be 8-2-25
NVIDIA, Microsoft, & Apple 8-1-25
7 Business News Stories We Are Following Today 8-1-25
The Markets, Microsoft, & Meta Platforms All Surging 7-31-25
A Sucker is Born Every Minute: The U.S. Putter Market 7-31-25
Empathy Matters 7-31-25