Cliff Notes - The Golden Apple

August 7, 2020

In This Week's Update:

Apple passed Saudi Arabia’s monstrous AramaCo last week to become the largest company on the planet at $1.85 trillion, following a massive quarterly report of nearly $60 billion in 2nd quarter revenue, earnings UP 18% and return on equity at stunning 70.7%.

US stock markets continue to rally and beat the world on the strength and concentration of the tech sector.  When Marc Andreeson wrote his now-famous “Why Software is Eating the World” technology was 18% of the S&P500 – now it is 33% on its way to a probable 40%.

Read our full CliffNotes for market insights, charts, and views. 

Cliff Notes Golden Apple 8 03 20