Partially, Apple&#x27;s metrics aren&#x27;t that outlandish though. You could just use the age old price to earnings ratio and see it isn&#x27;t wildly inflated, they make bank and speculators value it at 11 times said bank right now<p>The higher valuations of private companies IMO has little to do with quantitative easing. Despite any bubble talk, very little funding actually goes into these private companies. The S&amp;P 500 returns nearly 1 trillion a year to shareholders via dividends, VCs put like 50 billion into these high growth startups.<p>Low interest rates from quantitative easing might contribute greatly, but I wouldn&#x27;t say the inflation targets have much to do with it.