Apple's Cash Trajectory

In 1965, Moore postulated that the number of transistors able to be placed on an integrated circuit would double every year. Moore's Law has held up.

I have decided a new law is in order: "Rosenman's Law." (Sorry: As the inventor of this new rule, I get naming rights). This law centers around the notion that Apple's pile of cash will continue its exponential rise.

The Bank of Apple has gone from $16 billion in 2007 to a massive $40 + last quarter. I first drew the curve more than two years ago. To date, Apple has delivered a heaping build up in its cash exactly along the predicted path.

At this rate, by 2015, Apple's cash will be greater than the market caps of all but a handful of companies.


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Disclosure: Long AAPL