AAPL is completing yet another log-periodic, super-exponential blowoff as in 2007 and 2012.
Were the price and market cap of AAPL to continue rising at the trend rate since 2003-04 and 2013, AAPL's market cap would reach 100% of US GDP by the mid-2020s and 100% of world GDP by the 2030s. This is not unlike the bubble blowoff acceleration of CSCO during the 1990s Dotcom bubble.
Moreover, coincident with the third blowoff wave since 2007, AAPL is completing a larger-order, 5-wave Elliott Wave (EW) projection since the early 2000s, suggesting that the next "correction"/crash will "correct" the entire move since the early 2000s, implying a price of $50-$65.
Were the price and market cap of AAPL to continue rising at the trend rate since 2003-04 and 2013, AAPL's market cap would reach 100% of US GDP by the mid-2020s and 100% of world GDP by the 2030s. This is not unlike the bubble blowoff acceleration of CSCO during the 1990s Dotcom bubble.
Moreover, coincident with the third blowoff wave since 2007, AAPL is completing a larger-order, 5-wave Elliott Wave (EW) projection since the early 2000s, suggesting that the next "correction"/crash will "correct" the entire move since the early 2000s, implying a price of $50-$65.