Amazing news for a company that started off in a garage.
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Apple is Officially a Trillion Dollar Company as Shares Cross $207 Mark
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My point exactly. Profits are increasing every year which for shareholders is great, but for the end users who are having to fork out more and more to get the same products year on year are getting shafted.
To everyone getting excited that Apple is a trillion dollar company now, remember the employees working multiple jobs, the coworkers skipping meals, the people skimping on healthcare because they can’t afford the “good coverage”, and the nets under the foxconn windows. But cool. Really happy for the shareholders.
Wasn’t I just reading something yesterday saying that it would take a little longer to reach $1 trillion? Oh yeah, I was. https://www.macrumors.com/2018/08/01/apple-trillion-market-cap-share-count/
In light of recent attacks on Silicon Valley, this is good news. Like it or not, technology from all corners of the world are the future of humanity. If we do not embrace the ones that at least try to make the world better, we are not doing our jobs as consumers or even humans. Money is just a means to an end so celebrating this milestone doesn't hold much weight for me but it's good to see a company that exposes good being rewarded for good business and good products.
What a RIDE for sure! I was asked if you could only buy one stock, which would it be? That was back in 2006 or so. I said Apple. Then I was asked, WHY? I said, they are coming out with some sort of "gadget" that looks pretty cool. Bought it in 2007 and still have it! What a GLORIOUS ride indeed!!!
'Vanity, definitely my favourite sin.'
Apple has become the talking autocrat from the 1984 commercial. If you live long enough then everything comes full circle.
OK Tim Cook, you've reached your goal and the shareholders are happy, now its time to focus on your customers and other products besides iPhone and subscriptions.
So much of this the past few years. Nothing to back it up.
MBP, iMac, Mac Pro:
I’d like for you to take a look and tally up the initial sales price for these models comparing them to each one over the last 10yrs. Specific to redesign model releases. Then come back stating when the prices haven’t gone down.
Hint: titanium PowerBook G4 released with base price of $32/3400 ... today’s MBP for the 15” also released close to that price.
Would be wild to have a months sale reducing their product prices by about $20-300. I doubt that’ll happen but maybe subscription price reduction for existing product users for AM.
Why not sell shares to get “free” Apple stuff? That’s what I used to do.
Booya Apple!
Funny thing about the trillion is that the company stock is still way undervalued. It took years of fake news for this to happen.
Amazing that many people and “analysts” on Wall Street apparently still can’t recognize the value!
But that’s how it is and it’s easy to profit from it, but many non Apple holders in the business of stocks convince themselves that they know something when they really do not - In fact the opposite of what they think is the real truth.
Great article on AppleInsider yesterday.
The lesson? In all things: “don’t believe what you think”. The realization that we are all brainwashed can be a valuable realization. With Apple - it can be profitable even!
Funny thing about the trillion is that the company stock is still way undervalued. It took years of fake news for this to happen.
Amazing that many people and “analysts” on Wall Street apparently still can’t recognize the value!
But that’s how it is and it’s easy to profit from it, but many non Apple holders in the business of stocks convince themselves that they know something when they really do not - In fact the opposite of what they think is the real truth.
Great article on AppleInsider yesterday.
The lesson? In all things: “don’t believe what you think”. The realization that we are all brainwashed can be a valuable realization. With Apple - it can be profitable even!
It is good, because it means more Apple products for the world. People don't understand why this is a good thing, everybody does win in the end. People can wish ill on Apple all they want, and realize that if they go out of business, we wouldn't have anymore Apple products. Whats wrong with supporting a company that makes products you want to stick around and enjoy using? Remember Apple has to make money in order to keep making the products we love.
OK, then. Mission accomplished. Now can we see some of that impressive sum put towards making some impressively spec'd, useful and lusted after tech so that Mac users can once again be able to rightfully place their hardware on a pedestal once more. PLEASE?!!!
you know foxcom is not apple right? and they build stuff for sony, microsoft, amazon, hp, etcc etcc, I know Apple employees and they are very happy!
It’s not money they actually have, it’s a figure for the sum value of the company’s shares
Sean Parker: “A million dollars isn’t cool. You know what’s cool? A billion dollars.”
Tim Cook: “Hold my beer.”
Tim Cook: “Hold my beer.”
