The hype of the Apple share price

I posted today on Businessgeek about the Apple market capatilisation overtaking that of IBM and Intel, and the subsequent commentary this has provoked.

Essentially I believe that there is nothing to justify the valuation of Apple that high and it actually puts more pressure on the management to perform.

We never seem to get away from our biases.  The likability or fan base of a company is worthless if the numbers aren’t there, and Apple do not have the numbers to justify this valuation.