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Apple is Officially a Trillion Dollar Company as Shares Cross $207 Mark
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Then the best thing you can do is refuse to buy their products if you don't like how they run their business, but you know you won't.
The only reason a corporation exists in a capitalist economy is to create wealth for the shareholders. If Amazon and Google want to target those underdeveloped countries then that's their choice. Maybe they feel by doing it today it'll pay off in 20 years, but it puts a strain on their businesses bottom line today. Apple is smart to sit back and focus on the developed countries with more wealth. If companies such as Amazon and Google actually succeed in developing more access in those areas then Apple can move in and profit from it.
You think Apple became as rich as they are by luck? Haha! No they became rich because they are the best at marketing a brand to a cult like status and maximizing profit on every product and service they sell.
It's a metric to consider. But so is forward P/E, which is relatively low still for AAPL.
Or... you could just keep your shares and weather the storm?
Great, now they will have even less incentives to update their Mac product line.
Stock is used as a means to raise capital and to compensate employees. With a valuation at this level it means that Apple has even more power to recruit and retain top talent. If you love Apple products and the people that bring them to market, this is a good thing.
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Interestingly enough, with each generation they pack more and more things into the product. It is interesting how that works in relation to the price.
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I am guessing you don't have a 401k. Because if you did, you almost certainly own Apple stock.
How is it that a trillion dollar company can’t make a decent standalone desktop computer for the last 6 years?
Look at Apple's PE. It is only about 18 and change with the company still growing at a good clip. Compare that with Amazon which has a PE of 230 and change. Tell me who is overvalued?
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As long as the poor in this equation is Google's phone division, woot woot!
i can only imagine the mahoosive bonuses the senior execs, vp and cook will receive, and the smugness of the september keynote will be palpable - meanwhile in amazon bezos is ripping his team to shreds!lol
Reminded me of this
I suppose this cartoon my be appropriate of a company that is not as environmentally conscious as Apple.
It’s so simple. I wonder why everyone isn’t doing it.
Okay, Warren Buffett. What is the catalyst for this Greatest Depression you speak of?
It means that Apple is delivering millions of products that their customers enjoy. This success means that they’ll continue to do so long into the future. Their value shows confidence in their ability to continuously deliver great products to customers.
I never talked about the high-end SSDs that Apple uses. I said that even regular SATA SSDs are 100 times better than mechanical hard drives - and Apple uses slow 5400 RPM drives just to makes things worst.
If you think those low-cost SSDs are crap then you must think mechanical HDDs are absolute garbage. Why is Apple putting absolute garbage in their Macs?
I can't believe all these comments about "lower prices" or who cares about "passing the trillion mark"!
Yes, Apple has slipped in quality recently but they still continue to change the industry. How about stop thinking about yourselves and have pride in the company you buy your things from? There is a reason why loyal long time Apple users have stuck around, brand loyalty. Give credit where its due and remember that business is about making money, not satisfying ever customer's needs.
Yes, Apple has slipped in quality recently but they still continue to change the industry. How about stop thinking about yourselves and have pride in the company you buy your things from? There is a reason why loyal long time Apple users have stuck around, brand loyalty. Give credit where its due and remember that business is about making money, not satisfying ever customer's needs.
As one would learn in a finance class in even the most mediocre program, identifying a couple “comps” with crazy valuations doesn’t make the company you’re evaluating a “bargain.”
I could go on and on about how to do proper valuation, but let’s face it. This is Macrumors. Apple stockholders will pat themselves on their own backs for what they see as their shrewd acumen, and non-owners will insist that this is a product of irrational exuberance and that Apple is overpriced.
The truth is that nearly every retail investor is hopelessly clueless compared to institutional money on any major stock. If you pick right, it means you’re lucky. Not good. If you pick wrong, it means you’re possibly unlucky. But also possibly (and probably) bad.
Yay congrats Apple! I hope you increase your prices even more in the future and make your products even less affordable just so you can hit that 2 trillion!
The price to book definition Yahoo! uses is: "book value is the company's total tangible assets less its total liabilities".
Looking at the tangible assets of a high tech company is kind of silly-- Apple's intellectual property is far more valuable than their spaceship campus and latte machines.