Sidebar Sidebar
Become a MacRumors Supporter for $50/year with no ads, ability to filter front page stories, and private forums.

Apple Becomes Most Valuable Publicly-Traded Stock Ever

MacDav said:
I got in at around $16.00. When the stock doubled I sold it all to buy a new car.
I thought I had made a good move at the time. :rolleyes: If I'd held it till now I'd have about $750,000.
Click to expand...

Just think about how many more new cars you'd have if you held onto it.

:p
 
Peace said:
six hundred and twenty billion dollars and they can't make a new Mac Pro.

.huh..

:confused:


/end rant
Click to expand...

Good point. We put man on the moon in 1969, but Apple won't allow me to do AirPlay Mirroring on my *only* two year old iMac.
 
:eek:... but Apple is doomed and Android is winning... :D

Suck it, Microsoft and Samsung.

----------
Peace said:
six hundred and twenty billion dollars and they can't make a new Mac Pro.

.huh..

:confused:


/end rant
Click to expand...

Because NOBODY buys them things, anymore. Apple usually drops products that don't sell because there's just no money in it for them. :rolleyes:
 
SandboxGeneral said:
Good point. We put man on the moon in 1969, but Apple won't allow me to do AirPlay Mirroring on my *only* two year old iMac.
Click to expand...

It's not like Apple won't let you. You don't have the hardware in your iMac to run it. airplay needs to compress video on the graphics chip without using the CPU. Since the hardware can’t handle it alone, the CPU would be forced to work overtime, and the performance would degrade to the point of uselessness.

It's like complaining your 2 year old tv can't play 3D movies. Suck it up, it's called evolution.
 
NewYorkRanger said:
It's not like Apple won't let you. You don't have the hardware in your iMac to run it. airplay needs to compress video on the graphics chip without using the CPU. Since the hardware can’t handle it alone, the CPU would be forced to work overtime, and the performance would degrade to the point of uselessness.

It's like complaining your 2 year old tv can't play 3D movies. Suck it up, it's called evolution.
Click to expand...

I'm aware of that, I was being facetious.
 
IJ Reilly said:
Do that and you play a dangerous game that you will probably lose. I've been an AAPL stockholder for 15 years, and my experience tells me that if I'd ever tried to time the stock's rises and falls, I'd be a lot poorer today.
Click to expand...

I wouldn't consider that riskier, just different. You could either count on them steadily moving up or having rises and falls.
 
With apple's huge pile of cash, i would love to see them blanket the country with a fiber optic network to provide high bandwidth internet service. They should call it "Applied Fiber" and it can be a subsidiary of apple.

Here's why:
1. Cable and phone companies own their hard networks and have no legal obligation to share them with anyone hence the lack of competition.
2. The US has some of the slowest average internet speeds in the world, they could fix that.
3. It would give them a tremendous leg up in cloud computing.
4. It will give them tremendous leverage with content providers so they can set up their own TV network.
5. I can watch whatever tv show or movie whenever i want and quickly.
6. Apple won't have to share their fiber network with google or samsung.

Not bad right? Tim are you listening?
 
faroZ06 said:
I wouldn't consider that riskier, just different. You could either count on them steadily moving up or having rises and falls.
Click to expand...

Much riskier. If you try to time the markets, more often than not you will lose out over holding. Basic human nature will have you selling when you should be buying and buying when you should be selling. This has been studied extensively.
 
IJ Reilly said:
Much riskier. If you try to time the markets, more often than not you will lose out over holding. Basic human nature will have you selling when you should be buying and buying when you should be selling. This has been studied extensively.
Click to expand...

I don't know, it's worked well for me. I don't want to go off topic, but I pulled some pretty crazy moves with oil stock repeatedly. It also worked for Apple stock except for that time when I actually listened to advice from someone else and sold to keep my portfolio balanced. I also played it pretty risky with Amazon.
 
Apple's stock price reached "the number of the beast" after the market closed: USD 666,39. New Testament, Revelations, 13:18.
 
Apple Is Not The Most Valuable Company In The History Of The World — IBM Won The Prize In 1967 With A Value of $1.3 Trillion

Apple is not the most valuable company in the history of the world. It’s not even Microsoft, which was reported to have been toppled by Apple today.

It’s IBM by a long shot.

Apple’s $661 billion market share does not account for inflation. With inflation in account, IBM remains the historic winner with a 1967 value of $1.3 trillion.
Click to expand...

http://techcrunch.com/2012/08/20/apple-is-not-the-most-valuable-company-in-the-history-of-the-world-ibm-won-the-prize-in-1967-with-a-value-of-1-3-trillion/
 
Small White Car said:
Yes, the actual inflation-adjusted Microsoft milestone is the real :eek: part of this article. Mind-boggling stuff.
Click to expand...

Adjusted for inflation IBM tops out at 1.3 trillion, and i am sure that if we go further back through time we'll find even higher ones (e.g., Standard Oil, East India Company, Dutch East India Company) As for more recent kabooms, PetroChina tagged in at 1 trillion dollars its first day of trading.
 
Ryth said:
It's mainly been flat due to Ballmer being in charge....don't see him lasting there much longer...many want him out of there because he's basically ruined the company for the most part with his idiotic comments and leadership. Some of his best...

“There’s no chance that the iPhone is going to get any significant market share. No chance. It’s a $500 subsidized item. They may make a lot of money. But if you actually take a look at the 1.3 billion phones that get sold, I’d prefer to have our software in 60% or 70% or 80% of them, than I would to have 2% or 3%, which is what Apple might get.”
-Steve Ballmer, Microsoft CEO, 30 April 2007​

“$500 fully subsidized with a plan! I said that is the most expensive phone in the world and it doesn’t appeal to business customers because it doesn’t have a keyboard, which makes it not a very good email machine …. I like our strategy. I like it a lot….Right now we’re selling millions and millions and millions of phones a year, Apple is selling zero phones a year. In six months, they’ll have the most expensive phone by far ever in the marketplace and let’s see… let’s see how the competition goes.”
Steve Ballmer, Microsoft CEO, 17 January 2007​

I do believe Microsoft will 'pop' soon ..probably gain $10-$20 dollars in the next year with their Windows 8 tablets...they'll probably move into the #2 spot over the next year.
Click to expand...

First off, Ballmer seems to be doing just great. Second, Ballmer was right. The iPhone was a joke at $500 subsidized, and only started selling once the price was cut (to the dismay of early adopters).
 
Should have bought some shares when they were half of that not too long ago :rolleyes:. I still don't think it's too late to invest in Apple :D

EDIT:Yup, 1 year ago they were half of that! whoa!
 
Last edited:
faroZ06 said:
I don't know, it's worked well for me. I don't want to go off topic, but I pulled some pretty crazy moves with oil stock repeatedly. It also worked for Apple stock except for that time when I actually listened to advice from someone else and sold to keep my portfolio balanced. I also played it pretty risky with Amazon.
Click to expand...

Everybody who tries to time markets thinks it works for them, but that conclusion isn't usually based on an objective comparison to how their portfolio would have performed if they hadn't tried to time markets. The truth is, we are all wired up the same way. The moment we think we can outsmart everyone else were going to find that we're really not that smart.
 
divinox said:
Adjusted for inflation IBM tops out at 1.3 trillion, and i am sure that if we go further back through time we'll find even higher ones (e.g., Standard Oil, East India Company, Dutch East India Company) As for more recent kabooms, PetroChina tagged in at 1 trillion dollars its first day of trading.
Click to expand...

It's all a parlor game anyway. Market cap is an abstraction that people like to talk about because it's a number. But that's all it is, a number. The real story here is the same as it's been for years now: Apple was founded by two young guys in a garage. They turned it into one of the most important tech companies in the world. It nearly went under, then returned from the brink of collapse to become an even more important tech company -- all in the matter of about 35 years. If that storyline can be matched by any company in history then I haven't heard about it.
 
You must log in or register to reply here.
Register on MacRumors! This sidebar will go away, and you'll see fewer ads.
Top Bottom
Back