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But it's a bad comparison because GM didn't sell monthly services to GM owners.

I don't know if you saw the pie chart a few threads ago, but Macs are now a tiny part of profits but services are a huge part. And the more devices Apple can sell, the more it increases the number of users that can subscribe to its almost-all-profit services.

What's the point of making $300 more on a Mac every three years (or more) when they could lower the prices, sell a lot more Macs and make a lot more money on the services every year? At some point, when services become an even bigger part of the profits, Apple could (and should, if we're talking about "shareholders logic") sell Macs at cost.

Precisely. Some just don't fully understand the relationship between Apple's 5-10 year out need for market share in order to maintain the services growth. Unfortunately most AAPL analysts in here go from Q to Q. :apple:
 
A milestone achievement for a company that almost declared bankruptcy. Years later, it became the world's most valuable public company by market capitalisation.
 
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How about "bring your device to the shop and we'll swap it for a brand new one (1 per customer), of the same type, as a thank you to all our loyal customers"?
Sounds contrary to despising loyal customers to win over the Noob masses where the money is
 
hmm.. 4 years of the same iPhone design, 6 years of a similar retina MacBook Pro design, 10 years of the same MacBook Air design, 11 years of the same iMac design, less ports and a couple "cool" new products... hmm Tim Cook is a genius...
 
In a world where YOY quarterly profit increases are the mandate, putting substantial R&D into a product line that is less than 10% of revenue and has fewer points of margin (compared to iOS, services, etc.) doesn't make sense. Period. It's a public company, not a fanboy appeasement organization.

This is coming from someone who makes a living working with the Mac platform, so I have more of a stake in this than almost all of you. But, I am well aware of how and why public companies assess their priorities.

Now that they have more money than GOD, how about focusing on Macs and not just iOS devices?
 
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Yes, just a number. But for Apple, that literally was saved from bankruptcy in 1997, to have become the first private company to reach the trillion dollar market capitalization, is a testament to the company and especially to its leadership. Congratulations to everyone at Apple but especially to Tim Cook. Steve Jobs was wise to put his faith in him.
 
This 1T milestone is a testament to Apple's success as a business, but market capitalization won't change anything in the way they make or sell their products. It's an arbitrary number based on stock price, which isn't something the company can control.

I'm happy to see this because I think Apple make great products and I want to be able to buy technology that meets my needs. I'm old enough to remember when Michael Dell said Apple should be shut down and the money given back to shareholders, and I also remember the leaked company-wide memo from Steve Jobs when Apple surpassed Dell in market value a few years later. It is reassuring to visit Macrumors and see people continue to predict the imminent collapse of Apple even as it makes billions in profit and becomes the most valuable (by market cap) publicly traded company on earth.
 
Really? Its revenue this year will be at least 255b. So its stock is less than 4x that revenue.
amazon will hit like 180b and its close to one trillion that's about x6 revenue
Google will hit around 120b this year its also close to 1 trillion that's around 9X revenue

Apple is a bargain.
Thanks for doing the math on that. I, too, was wondering where this "Apple stock is overvalued" statement was coming from because I was certain that wasn't the case. Now, there are many ways to value a stock and some might be less positive than this one but I doubt any would be negative, even at >$207/share.

For all those saying Apple should make better products and work harder on upgrading the Mac, I agree. I also believe they are doing this if the latest MacBook Pro is any indication. I believe Apple is a aware of the importance of Macs in keeping people in the Apple Garden; they may not have been as focused on this fact as they should have been but I believe they are now. But hey, time will tell. I, personally, am excited about the next year and what we will see on the Mac side.

Beyond the Mac, as an investor and Apple fan I am excited about the Apple Watch, AirPods, Apple TV, the new iPads, and, yes, even the new iPhones. Plus, as a video content creator I am pleased to see Apple spending money in the TV content area as that helps my sector and job prospects.

So Apple hitting $1 Trillion valuation may be as meaningful as a total solar eclipse but both are pretty cool to see.
 
With each generation of whatever product, it gets more expensive.

Keep in mind that the value of the USD has dropped over time. In 1992 the Quadra 950 was the best you could get and it started at $7200. That is equivalent to ~$12800 now. That's the base model.

In 1997, I bought the PowerBook 1400/cs for $2500, about ~$3900 now. I bought my 2016 MacBook Pro, less.

Are the products expensive? Yes. Are they more expensive than they used to be? Only if you discount inflation.

Apple does charge extra for RAM and storage bumps, which I don't like. There are plenty of articles on the well-established business mechanisms of setting an unreasonable high price to improve the perceived value of the midrange (price anchoring) as well as the "luxury tax" (can't remember the actual term) where the margin increases on the high end models simply because it can.

At the same time, Apple is price competitive in many of its segments, because they don't wade into the low-margin areas. You can go pick up a $40 Android phone, but if you are comparing the flagships, the prices are pretty close. The iMac Pro specs out close, sometimes below, a similarly configured PC.

Would I like the same quality product to be available for less money? Sure.
 
Great for my portfolio, great for the company. I’ve been really happy with all of Apple’s recent releases, they certainly deserve their success. I don’t see them slowing down anytime soon.
 
I read somewhere that there was a Chinese government Oil Company that briefly crossed 1 trillion in 2007.
 
But it's a bad comparison because GM didn't sell monthly services to GM owners.

I don't know if you saw the pie chart a few threads ago, but Macs are now a tiny part of profits but services are a huge part. And the more devices Apple can sell, the more it increases the number of users that can subscribe to its almost-all-profit services.

What's the point of making $300 more on a Mac every three years (or more) when they could lower the prices, sell a lot more Macs and make a lot more money on the services every year? At some point, when services become an even bigger part of the profits, Apple could (and should, if we're talking about "shareholders logic") sell Macs at cost.

Apple will never sell anything at cost. Even if they did, first thing to be cut will be Macs in dire times because it brings in no profits.

GM sold vehicles at a loss on a similar logic( Pontiac solstice/Saturn Sky). Thinking the halo effect would get people to buy the profitable vehicles. Guess what... Didn’t work.
 
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