Yeah, stock has been tanking since Cook took the reigns as CEO. /s
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Apple Becomes Trillion Dollar Company Again
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Who was that Apple investor that kept saying Apple was undervalued? Is he happy now? Probably won't be happy unless stock prices go to Berkshire Hathaway (BRK-A) prices (currently 314,680). if Market cap = outstanding shares x stock price, Apple's market cap would be about 1,400 trillion. I'm no math/economics expert, so my calculations are probably off a bit.
Given the new services, in 12 months as subscriptions kick in (plus initial adopters) is going to give Apple yet another very big revenue stream, $5-10 multipled by x million users will add up real quick. See Apple music for details. Over time the subscription prices will inevitably increase, furthering the income.
They truly are a money making machine and now their dependence on iPhone sales has been massively reduced, that'll equally reduce their risk.
It's just a fact, whether people on here like they way they operate and their products or not.
They truly are a money making machine and now their dependence on iPhone sales has been massively reduced, that'll equally reduce their risk.
It's just a fact, whether people on here like they way they operate and their products or not.
The sad part is that the small boost is strictly on the back of $699 entry price for iPhone 11, and $599 for iPhone XR.
The Pro barely matters, because the iPhone market can't afford the flagship iPhone anymore. What a shame. The reason iPhone gained such traction is because for years Apple put out their absolute best effort in 1 phone, at a reasonable price, that was within reach of most of the market. Apple abandoned that entire strategy in favor of price gouging.
The Pro barely matters, because the iPhone market can't afford the flagship iPhone anymore. What a shame. The reason iPhone gained such traction is because for years Apple put out their absolute best effort in 1 phone, at a reasonable price, that was within reach of most of the market. Apple abandoned that entire strategy in favor of price gouging.
Such an adorable whine.
Apple now makes phones for a variety of budgets and needs. And the Pro certainly matters because there will be many people who want its features and are willing to pay for it, including myself.
Don't like or can't afford Apple's phone offerings? Buy a Sanyo and find happiness. Easy.
Hold up, I was told Apple is garbage and dying since like 2013! (Probably before too, but I wasn't into phones/Apple much back then)
11S, 11S Pro and 11S Pro Max? They actually consider this generation as a redesign, so I wouldn't be surprised if we see it again next year.
It's impressive given where they were at not too many years ago.
Cinderella story... out of Augusta...
Cinderella story... out of Augusta...
Don't count on AAPL stock staying up. This is a true roller-coaster of a stock. It takes two or three weeks to climb, then in a day of negative news, the stock quickly plummets like a peregrine falcon after spotting its prey. It's great if you can buy Apple's stock every time it drops, but as a senior citizen, I can't necessarily do that. It's certainly great for hedge funds but not the average retail stockholder. AAPL stock is ***** weak. I mean, look at MSFT stock. Solid as a rock at $1T+. None of those MSFT shareholders have to keep holding their breath on a daily basis, always concerned about their stock losing value on negative news. With Apple, POTUS might do a tweet about China and Apple is just as likely to vomit up $450B in value again. Such a ridiculously unstable stock for such a relatively low P/E.
I'm not sure Apple actually did reach $1T. I just saw that Apple's outstanding share count is now at 4.52B. It was at 4.60B last week or so. Apple would fall short of $1T if multiplied by today's share price of $222.xx. Not that it matters considerably, but it was nice to see Apple is still actively buying back shares.
I'm not sure Apple actually did reach $1T. I just saw that Apple's outstanding share count is now at 4.52B. It was at 4.60B last week or so. Apple would fall short of $1T if multiplied by today's share price of $222.xx. Not that it matters considerably, but it was nice to see Apple is still actively buying back shares.
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I'm seeing a lot of negative and uninformed posts in here. Apple isn't only about iPhones. Their services are actually just as important. So far, Apple Services revenue for Q3 2019 is $29 billion. That's a huge chunk and is only going to grow more with Apple Arcades and Apple TV+. The people complaining either own Google stock or don't own any stock at all and truly don't care how the stock market works. Carry on.
Same as my Interactive Brokers says. Here is the thing these sites don't update market cap in real time. Try again tomorrow.
The whole market is up..... even Boeing that is no closer to getting the Max’s cleared to return to the skies.
No one said that so stop being sooooo dramatic. All I said was the keynote sucked (because it did) and that I was underwhelmed by the products (which a lot of other people were as well).
And you don’t care about the stock price because it you don’t own any Apple stock. I do, so I care a lot.
They are usually a 10-15 minutes behind. It’s not hard to calculate market cap.
