Which are about the same 1% that use Apple products. If you earn more than about $32,000 (US), you are in the global 1%.
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Apple is Officially a Trillion Dollar Company as Shares Cross $207 Mark
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Which are about the same 1% that use Apple products. If you earn more than about $32,000 (US), you are in the global 1%.
Meanwhile, I still use a 10 year old mac. I miss Steve at the helm.
You mean the $15.8B Apple paid in taxes is a mere bag of shells?
I understand how the big bad business world works and Apple are the very top of that. I’m just commenting from a consumer perspective and as someone who has no financial interest in the company at all. I’ve bought their iPhones for years and always enjoyed buying the latest version every 2 years but the sudden increase in 2016 put me off completely. At least they provide 8 iPhones now instead of 3 so the profit is spread across the range for them rather than consumers being driven towards cutting edge technology. It’s all about the bucks I suppose.
I'm reading all these comments along the lines of "maybe now Apple can spend more money on such-and-such" and it makes me wonder if people understand what this trillion dollar valuation means.
Apple doesn't have a trillion dollars, their stockholders do. Nothing changed for Apple the company today.
All these requests for suboptimal products really should have been in the thread announcing Apple's earnings. That's the post that shows that they are making the best products for the lowest cost and would have been the right place to request that they use their resources less efficiently.
This thread is where you should be asking Apple shareholders for handouts because they're rich and should feel charitable. Links to GoFundMe accounts and the like.
Apple doesn't have a trillion dollars, their stockholders do. Nothing changed for Apple the company today.
All these requests for suboptimal products really should have been in the thread announcing Apple's earnings. That's the post that shows that they are making the best products for the lowest cost and would have been the right place to request that they use their resources less efficiently.
This thread is where you should be asking Apple shareholders for handouts because they're rich and should feel charitable. Links to GoFundMe accounts and the like.
Exactly. When I travel it is mostly in the Third World... Rwanda, Congo, Somaliland, Moldova, etc. I don't stay at western hotels and I think this probably puts more of my spending deeper into these economies. That's not Apple's job. Their job is to earn the most money for their shareholders.
I’m not surprised, regardless of MacRumours doom and gloom I actually think Apple is doing really well and is far from the “doomed” posts that have ended up on the forum over the past year or two.
Well done Apple
Tim Cook is doing great for the company!
Well done Apple
Tim Cook is doing great for the company!
Depends on what kind of technology you are talking about. Smartphones and tablets are nice, but when people become so addicted to them (i am not talking about clinical addiction), how is this type of technology beneficial exactly???
Technology is supposed to help us and make our lives easier and yet as many examples as there are of technologies achieving this, there are equally examples of technologies achieving the opposite. Will ultimately technology be the doom of hunanity? It remains to be seen, but we will be long gone by then...
Well it's true. Little decisions like including a more expensive charger only hurt profits. If Apple was having trouble selling phones and needed to include more accessories or features to sell them like some of the smaller manufacturers do then you'd have a good point. Since Apple doesn't need to do that they should be maximizing profit per unit. Offer a solid device and the Apple brand name will sell it no matter what.
I bet you'd still buy an iPhone whether it comes with a fast charger or not? Right? Millions of other people will do the same. I bought a Samsung phone and it came with all kinds of accessories like nice AKG headphones and a fast charger, but Samsung has to offer those little perks to sell their product. Apple doesn't. No company just gives you something "free" out of the goodness of their heart. If you're getting it free it's because they need to make it sell better.
How about 25% of operating income.
Since when are companies charged taxes on their stock price?
I hope you do realize that not all companies can achieve this, right? Apple is focusing on a VERY specific brand development for the past 3 decades now... that’s why it’s able to produce the products it sells with the prices and the margins they ask for and that’s why people still buy Apple!
Completely different thing. Your analogy is like Apple selling the entry-level Mac mini at a loss in order to bring people in and hope they'll buy the mid-range or high-end model instead.
I'm saying Apple should, if services become the majority of profits, sell the Mac mini at cost and make profits on the iCloud subscription, Apple Music subscription, etc.
I'm just explaining why Apple operates the way they do. You certainly don't have to like it, but it is what it is. If we use phones for an example the reason why other companies usually offer more "value for the money" in their product is because they are forced to do so in order to sell it. This is the reason why having a strong brand name matters more than a better product. It's just how it is.
I would not rule out that his Visionaryship would find a meagre half a million to put a new motherboard in a Mini case to revive the distribution channel
Yay .. 10 minutes later... oh no....
Overvalued way way way way overvalued. They should be slaughtered for their reduction in sales of computers, but no investors reward them instead, screw the customer, so long as the share holders and board are happy and loaded.
Would be nice if they could bother to make a bug free iOS, or give free battery replacements for lying to all its customers about its battery design flaws. But no, it arrogantly makes you pay still, then blames you, and just keeps on making bugs.
Overvalued way way way way overvalued. They should be slaughtered for their reduction in sales of computers, but no investors reward them instead, screw the customer, so long as the share holders and board are happy and loaded.
Would be nice if they could bother to make a bug free iOS, or give free battery replacements for lying to all its customers about its battery design flaws. But no, it arrogantly makes you pay still, then blames you, and just keeps on making bugs.
Apple is now an iPhone company. They are riding on Steve's legacy with the iPhone, the main reason for this feat and they don't give a damn about any non iOS device.
Funny, I do believe they still sell computers??
And fine, the iPhone is fine, the endlessly buggy mess that iOS has become mainly under Cook is not. A trillion dollar corporation that’s incapable of making bug free software that exclusively ONLY runs on its hardware.
The only reason their profits are so is the astronomically high mark ups, and all those refusal to pay their suppliers. They do not play fair at all.
I love my Apple Watch, it’s my favourite Apple divice by FAR, but when I got it the Breath app worked flawlessly, now, through the various updates Apple has made, that doesn’t even work anymore. And thy seem to have zero intention on making it so, with this market value why will they bother?
Apple these days does most certainly NOT mean quality.
Or how about the God awful waste of ram spell checker we now have in iOS, apparently it uses the cloud and learns from words people use, yeah that’s great, doesn’t work hardly ever these days because of that.
Meh I’m rambling now, it’s just that every Apple device I own has software issues, bar my old MacBook Pro. And Apple shows no interest in fixing its own bugs it’s made themselves. So forgive me if I show little enthusiasm for its market value.
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And Jobs wasn't greedy?!?!?! Not sure what company you've been following but Steve in some respects was 10x worse. He didn't believe in stock buybacks or dividends (both of which Cook has done). If anything prices for products have come way down under cook as they expand into many other areas. Macs used to be $2999 on average. The iPod was $399. Unsubsidized iPhones were close to $1000 ten years ago. Today you can buy one for as low as $349 unsubsidized. Apple definitely nickel and dimes now (dongles) but overall we get WAY WAY more for our money in 2018 compared to 10-15 years ago.
If they make more affordable products. They will be like Google, Samsung or M$. Value will not be trillion dollar.