SAI spoke with perhaps one of the biggest Apple Bulls we’ve ever seen. Investor James Altucher of Formula Capital (short Apple?) thinks that AAPL is worth more than a trillion dollars and that is at a two thirds discount because it is a huge company.
Of course, there is the Jobs question:
And what about the biggest concern most people have about Apple, the heath of its founder and visionary, Steve Jobs?
Steve Jobs is indeed an amazing leader, Altucher says. But Apple is now large and diversified enough that, if Jobs can never return full-time, the company will be okay without him.
Be careful to catch Blodget and Task almost fall off the chair they are sharing when he says “$3Trillion!”