No, they said 640K was a lot.
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It's market capitalization; has nothing to do with taxes or income. Taxes are owned only on the sale of stock...
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Apple is $100 Billion Away From Becoming World's Only Trillion Dollar Company
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1) how is it even possible to adjust for inflation from this era?
Apple could be the world's only trillion dollar company, but it wouldn't be the first. The spice trading Dutch East India Company, founded in 1602, was the first to go public and at one point was valued at over $7 trillion when adjusted for inflation.
2) do they really count as a "company" when they utilized slave labor, peaked before any antitrust laws existed, and were essentially their own militarized and political empire?
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Yeah, whatever. I know all the fanboys on here will rush to defend them (I'd expect nothing less on an Apple forum), but their practices are immoral. Whatever way you look at it.
I expect a lot of headlines involving their taxes when they finally do cross the $1 trillion.
The same way it's possible to adjust for inflation from any era... math.
None of the arguments you put forth have anything to do with being a public company. Could you buy and sell shares of DEIC?
The problem with cherry-picking analyst forecasts is it obscures the consensus. Some analysts are going to be more bullish on a stock than others, and that is certainly the case for AAPL. The current consensus 1-year target price for AAPL is $174, which also happens to be almost exactly what it is selling for today. MR should mention this if they are going to report on what some of the most bullish analysts are forecasting. Context is everything.
1) True, a difficult and pretty much theoretical exercise.
2) Public means only that shares in the company can be bought and sold on an open exchange.
They might have a trillion, but they don't have a product I'm willing to buy. Is that success?
Ha, true, but you have to have a point of reference, and basically every single major government and economy has undergone a complete overhaul since then...The same way it's possible to adjust for inflation from any era... math.
None of the arguments you put forth have anything to do with being a public company. Could you buy and sell shares of DEIC?
You're right, and I edited my post for what I really meant (whether it could be considered a company at all when it was really it's own empire).
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Yeah, I edited my post to reflect what I meant more. I have no doubt that it could be considered public, but it really shouldn't even be considered a company at all when it was basically a political and military empire.
I suspect that the general public will be much more interested in what Apple does with their ever-growing hoard of cash over the next decade than they have been in this decade. Apple has the power to throw massive amounts of money around which could affect major change across the world for untold numbers of people. The world will be watching and likely expecting something big from this company during the next decade (as opposed to, "Oh, look...an almost bezel-free iPhone and animojis.")
I suppose, but with the understanding that the idea these things should be separate is a relatively modern one. All of the colonial powers combined commerce with empire. The main purpose of creating empires was commercial.
You think Apple is immoral? Pray tell, what do think of other tech companies?
Wh... What?! The 'India' companies (East, West, for any country) raped other countries via imperialism for commercial gain. How does that even compare to Apple?
Spoiler alert: it doesn't. Apple is a home-grown company that develops products for use worldwide, and, before anyone says anything, employing Chinese companies to utilize their labor force, and making significant strides in, literally, changing a culture to be more compensatory to their workers, is nothing like imperialism.
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