What does it matter, if you are an Apple!!

With Apple now valued more than Microsoft, that is, with it's market capitalization having crossed that of Microsoft - does it really matter for Apple that the US economy is slow or recovering???

Thus, if you are a good business, does it really matter that the economy of the country is not that great.  I don't think it does!!!

Apple started its turnaround in 1997, when the company was on the verge of bankruptcy. That was the time when Steve Jobs was brought in to steer the company. The dot com bust happened three years later and the US economy went into a tailspin ever since and worsened during the financial crisis of 2008. Yet, through all that time, Apple continued to innovate and churn out great products and considerably increased its profits and shareholder value.

With $40 billion in revenues and climbing and a product set that could fit on a student's desk and all of it mostly organic growth, Apple is a marvel in business turnarounds.

A toast to the i-Age!!