A few months ago, USA Today speculated that Apple would become the first $1 trillion company. Earlier this week, Apple made great strides toward this milestone when it surged ahead of ExxonMobile Corp to capture the title of world's most valuable company.
Whether Apple lives up to this prediction or not, it has already achieved what seemed impossible. The company saw a 300% increase in stock price in less than three years, in a very difficult economic climate. Today, Apple exceeds Microsoft in market capitalization ($213 Billion for MSFT vs $302 B for AAPL) although, just 14 years ago, Microsoft had to inject $150M into its bank account to keep from going out of business.
These facts are extremely unlikely and unpredictable, but don’t come as a surprise to anyone who has observed the last few decades with objectivity and, amongst other trends, paid attention to principles such as The Black Swan: The Impact of the Highly Improbable.