Your post implied Apple was deliberately engaged in misbehavior. I corrected it.
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Apple Briefly Becomes World's First $3 Trillion Company
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Your post implied Apple was deliberately engaged in misbehavior. I corrected it.
No, we shouldn't. Returning product leads to massive amount of environmental waste. Perhaps less so with Apple, as they tend to re-sell returns in a refurb store. But many companies just toss returned products in landfills.
I love the company, and the stock has been amazing. But Apple being worth more than some other major countries reminds me of the Japanese asset bubble in the 1980s, where a piece of land in Japan was worth more than all the real estate in California combined.
Right here.
I'm not a shareholder so Apple becoming a $3T company is nothing for me to celebrate. But it does confirm my previous decision to make a steady and progressive departure from Appleland. IMO, Apple has jumped the shark from being a company that made money by doing the right thing for their customers to one that is laser-focused on profits and value at the expense of customers.
They're not unique in that regard and they are free to continue down that path... it's simply that I choose not to contribute to that effort.
They are walking a fine line…
They know some “not great things” happen in their supply chain (it’s part of why it’s so profitable)…as long as they can keep that mostly quiet and have some plausible deniability, they continue on and look the other way.
Apple is no saint
Having the same issue w/a Mac Mini. Stores closed, phone support says to take it into a store because it’s a desktop and they won’t mail in Mac Mini’s for repair.
Does Tim Cook get abonust-shirt for this milestone?
Hopefully a fat bonus!
Now give everyone $25,000 for their hard work.
TheYayAreaLiving 🎗️
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I’m pretty sure he’s not getting a t-shirt and Apple pins 😂Does Tim Cook get abonust-shirt for this milestone?
Market cap is a dumb measure of anything.
Especially after everything we saw in recent times with meme stonks and shi7coins.
Especially after everything we saw in recent times with meme stonks and shi7coins.
They should take a victory lap for raising iPad mini prices while outfitting it with a garbage LCD and keeping base storage at 64gb…
These trillions don’t just print themselves!
These trillions don’t just print themselves!
Market cap is actually how an investor can tell if the same $182 stock price is a $3 trillion company or is some rando company worth $1 billion. Definitely an important measure for investors. What we saw recently proves how stock prices can be manipulated and how fragile the entire market can be - but it didn't invalidate the value of a stock.
Apple should buy and govern Australia. I would shred my US Passport and move there in an instant.
TheYayAreaLiving 🎗️
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I guess the regular consumer market doesn’t care about the LCD or jelly scrolling.
I mean these days of course. There's too much speculation and the amount of unsophisticated investors just gambling and throwing money around has inflated most stock prices. The democratisation of investing sounds like a good idea but not when the app users aren't educated about investing and are using margin trading too. Pure madness.
What?
It’s a sovereign country with citizens (you know…”people”)
It’s not a listing on Zillow
I don't think an iPhone is healthy to eat or give houseless folks a place to live, but congratulations are in order
Right here.
I'm not a shareholder so Apple becoming a $3T company is nothing for me to celebrate. But it does confirm my previous decision to make a steady and progressive departure from Appleland. IMO, Apple has jumped the shark from being a company that made money by doing the right thing for their customers to one that is laser-focused on profits and value at the expense of customers.
They're not unique in that regard and they are free to continue down that path... it's simply that I choose not to contribute to that effort.
This.
For me, now it's well-built and fully functional Hackintosh (as long as MacOSes allow), an upgradeable beast for the fraction of price, then my MBA until it becomes obsolete, and that's it.
I've been loyal customer for two decades, owned various pro desktop machines and few laptops and iPhones, but now it's time to leave Apple to their natural nowadays' customers - rich kids, upper middle class housewives and TikTok influencers.
Yeah their replace your phone every year replace your iPad every year and replace your computer every three years is working very well.
