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Apple is Officially a Trillion Dollar Company as Shares Cross $207 Mark
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Tim Cook's mission has been accomplished. It's time for a change.
Right...Apple Maps and Siri.
No they don’t. If you feel entitled to free stuff, Apple is not your company.
Apple products are very affordable. Several hundred million people make that case, year after year after year.
The Ifans for want of a better word take great pleasure and personal credit bizarely in Apple's financial successes. It's a safety net of sorts... when ios12 is a bug fest, let's talk about profits and share prices.. when reviews say the s9 has a better camera , let's talk about profits margins.. it's a comfort blanket. Bless them...
...or, being on a 'silly' internet site, but here you are
Although this is a great news for all Apple shareholders, let us hope nothing like Enron fall out ever happens to Apple as the fall will severely sink all retirement plans investing in Apple shares. Just keep our finger crossed.
Apple has officially become the world's only trillion dollar publicly traded company, in terms of market capitalization, which is simply the company's number of outstanding shares multiplied by its stock price.
Apple achieved this milestone by hitting a stock price of $207.05 and above in intraday trading today, giving it a market cap slightly over $1,000,000,000,000, based on its 4,829,926,000 outstanding shares as of July 20, 2018, which the company disclosed in its quarterly 10-Q filing with the SEC on Wednesday.
While some publications declared Apple a trillion dollar company earlier in the day, this was based on an outdated number of outstanding shares in Apple from tools such as Yahoo Finance, which powers Apple's own Stocks app.
Apple beat out other large tech companies, including Amazon, Microsoft, and Google parent company Alphabet, in the race to a trillion dollars. As with most milestones of this nature, however, Apple reaching exactly a trillion dollar market cap doesn't have too much significance, beyond the vanity of it.
Apple's stock has appreciated over eight percent since the market closed on Tuesday, following its record-breaking earnings results. Apple set a new fiscal third quarter record with $53.3 billion revenue, easily topping Wall Street expectations, and there were also indications that the iPhone X is selling quite well.
The milestone is a testament to the strength of Apple, which has already been the world's most valuable company for several years. Aside from 2016, which is now an outlier, Apple has been steadily increasing its revenue and profits since 2003, fueled by the massive popularity of products like the iPhone and iPad.
Apple will look to build upon its success with a wide range of new products expected later this year, including a trio of iPhones, iPads with Face ID, Apple Watch Series 4 models, updates to several Macs, new AirPods, and much more.
Update: Apple's stock price has since dipped below $207 as it continues to fluctuate on the intraday market.
Article Link: Apple is Officially a Trillion Dollar Company as Shares Cross $207 Mark
Steve laid the foundation for Apple, and promoted Cook, the best candidate to help continue to build off Jobs foundation. Cook was ‘meant to be’ the chosen leader for this company and he has executed exactly that, being a leader and ambassador for Apple’s future.
"Imagine if the most successful company in the history of business did the things I want them to do, they would be even better"
Same. I wish I'd bought more stock in the last 90's/early 2000's. Waaaay more.
Tim Cook's mission has been accomplished. It's time for a change.
Please! Not this pillek with his boring iOS design! Nothing good comes from this arrogant prick.
Partly because Apple is now a fashion statement like a belt or shoes.
I had $1000 in AAPL back in 1999. Sold because it was flat for a while. Mistake! But I did buy more later down the line. I'm lucky and happy.
Who is celebrating? It's just a news on a news section?
And it is not bad for a customer either. They could use that money to push the technology beyond what's possible today! You dint really expect them to hand out stuff for free to you, did you?
1) Apple cares little about marketshare. . . it is about keeping their business going. There are many companies that have little marketshare and do just fine. And there are others that have a large marketshare and are struggling.
2) Look at prices for Apple products in the past. The price points, since Jobs 2.0, are relatively static. My base iBook G4 was about $1100 dollars; the current base MacBook is about $1200, and even less for a MacBook Air. The original Bondi Blue iMac was $1299 (source everyman.com). The current low-end 21" iMac is $1099.
Would be nice if they brought back a dedicated MacOS development team.
It was mentioned back in post #109 but here it is again!
when asked in 1997 what could be done to fix then-beleaguered Apple, Michael Dell told an audience of IT executives that he'd "shut it down and give the money back to the shareholders".
http://www.alphr.com/apple/1001703/heres-how-steve-jobs-smacked-down-michael-dell-on-stage
HA!!!
when asked in 1997 what could be done to fix then-beleaguered Apple, Michael Dell told an audience of IT executives that he'd "shut it down and give the money back to the shareholders".
http://www.alphr.com/apple/1001703/heres-how-steve-jobs-smacked-down-michael-dell-on-stage
HA!!!
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I don't think the population of the MacRumors' forums comes anywhere close to being 1% of the population worldwide.
