An Historic Day for Apple (and Us)
It was an historic day for Apple stock earlier this week. No, not the fact that its market cap crossed $3 trillion, who cares about that? No, we're talking about the much more important achievement of it breaking through the invisible threshold that would have made the 100 shares we bought for $1250 in 2002 worth more than $1m today (or $1,019,200 to be exact, after 2-for-1, 7-for-1 and 4-for-1 stock splits over the years, but who's counting).
Just one more reason to dislike India, since the shares were sold (at a paltry 350% profit) to pay for a half-year there and Sri Lanka back in 2005. Oops. But in the silver lining department, the trip did lead us to discover our all-time favourite travel article(s), Seth Stevenson's series ‘Trying Really Hard to Like India' on Slate. So at least there's that….