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Facebook, Apple and Google will each be worth a trillion dollars

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Thu, 26 May 11 3:59 PM | 131 view(s)
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May 26, 2011, 4:27 AM ET

Cody Willard's
The Cody Word
blogs.marketwatch.com

Facebook, Apple and Google will each be worth a trillion dollars

To piggyback on my ideas, analysis and to find out exactly what options and stocks I’m buying and selling as I’m doing it in real-time, please check out TradingWithCody.com, where you also get all five of my investment books for free.

For just over a year now, I’ve been telling people that we were likely starting to enter an app/tablet/smartphone/cloud-fueled new tech bubble. I told my viewers on Happy Hour repeatedly that Facebook would be worth more than a hundred billion dollars someday.

I figured we’d be seeing tons of content/cloud/app companies like Chinese social network company, RenRen and LinkedIn would be able to tap the capital markets, and they’d get huge valuations and raise big money and that would start a virtuous (for now) cycle of more companies that have anything to do with apps/tablets/smartphones/theCloud would likewise raise big capital at big valuations in both the private and the public markets. All of which would combine such that after a year or two all that money would start to float around the app/tablet/smartphone/cloud supply and demand chain and after another year or two more companies raise more money because everybody thinks it’s all sustainable forever.

Full article: http://blogs.marketwatch.com/cody/2011/05/26/facebook-apple-and-google-will-each-be-worth-a-trillion-dollars/




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