Apple Once Again the Most Valuable Public Company in the World

Discussion in ' News Discussion' started by MacRumors, Feb 6, 2019.

  1. MacRumors macrumors bot


    Apr 12, 2001

    Apple has once again reclaimed the title of most valuable publicly traded company marking the first time the Cupertino company has held that title since December.

    As noted by CNBC, Apple surpassed Microsoft and Amazon this afternoon with a closing price of $174.24, for a market capitalization of $821.59 billion.


    That beats out Microsoft's market value of $813.48 billion and Amazon's market value of $805.70 billion. Earlier this week, Apple also briefly surpassed the other two companies, and the top title has been shifting back and forth for months now.

    Apple saw a significant drop in market value in January after lowering its revenue guidance for the first fiscal quarter of 2019 to $84 billion, down from $89 to $93 billion.

    Apple's stock has recovered somewhat since its earnings release on January 29 where it reported revenue of $84.31 billion and net quarterly profit of $19.965 billion, or $4.18 per diluted share.

    It was Apple's second best quarter ever in terms of revenue and profit, despite the fact that it ultimately ended up being lower than expected due to flagging iPhone sales.

    Article Link: Apple Once Again the Most Valuable Public Company in the World
  2. Zaft macrumors 68040


    Jun 16, 2009
    Brooklyn, NY
    Oh boy, I’m sure the macrumors users are excited bout this.....
  3. snowboarder macrumors 6502

    Jun 9, 2007
    Why should we care? I care everything they
    have created recently has issues and they
    want more money for it.
  4. StellarVixen macrumors 65816


    Mar 1, 2018
    Doom, so much doom, other companies would give everything to be doomed like this...
  5. Pitogyro macrumors newbie


    Jan 5, 2019
    Athens, Greece
  6. bambooshots macrumors 65816


    Jul 25, 2013
  7. az431 macrumors 6502a


    Sep 13, 2008
    Portland, OR
    This can’t be true. The people who post here assured us that Tim Cook’s greed guaranteed Apple’s collapse, and that this was the beginning.
    --- Post Merged, Feb 6, 2019 ---
    I must own different “everything they have created lately” devices than you because none of them have any issues.
  8. needfx macrumors 68040


    Aug 10, 2010
    macrumors apparently
    dum dum duuuuum
  9. DotCom2 macrumors 68040

    Feb 22, 2009
    I don't have any issues with the Pencil. :p
  10. anshuvorty macrumors 6502a


    Sep 1, 2010
    California, USA
    This isn't going to last. I just don't see how Apple will keep growing in the future. All signs point to stagnating growth:
    • mature smartphone industry
    • no new innovative product in the pipeline: the self-driving car project was a bust, AR will rely on gimmicky controls on your iPhone/iPad preventing long use sessions because of how goofy you look when using it. Thus preventing mass adoption.
    • India being Apple's next market to corner is being hard to play with
    So overall, I just don't see how Apple can keep posting record profits every 4th quarter as they have been for the last 10 years going forward. Consider me skeptical, but just being honest here from what I can see as an armchair enthusiast analyst.
  11. Andres Cantu macrumors 68030

    Andres Cantu

    May 31, 2015
    Rio Grande Valley in South Texas
    Not that it really matters, the top 4 have been all over the place and switching lately.
  12. Khedron macrumors 6502a

    Sep 27, 2013
    Wait until your nib wears out and you need to pay an extra $20 because Tim removed the spares from the box while bumping the price
  13. bbednarz macrumors 6502a


    Nov 16, 2017
    If what they are making does not work for you then you should look elsewhere.
    Sure the smartphone market is mature, but the smartwatch market is still in its infancy. How was the self driving car project a bust? They haven't even announced anything about it. AR in its current form is next to useless. Once they can make the technology small enough to fit in glasses it could be huge.

    Also, their services division continues to grow.
  14. DotCom2 macrumors 68040

    Feb 22, 2009
    I had the Gen1 Pencil since day one and used it every day and never had to replace the nib. I have the Gen2 now and LOVE it. Besides, it was just a joke.
  15. AngerDanger macrumors 68040


    Dec 9, 2008
    Whoa, whoa, Juli, that is NOT how you spell “doomed”.
  16. Zenithal macrumors 604

    Sep 10, 2009
    Nice. I shall have a second pour of scotch for Apple.
  17. s15119 macrumors 68000


    Nov 20, 2010
    But, wait. That can't be. Apple is failing, Tim is a dummy that doesn't know how to run a company. They make shoddy products and the pricces prices are insane. Apple will go out of business any day now. Oh wait, that's just stupid comments from MR. I guess the real world is a lot different than that :)
  18. genovelle macrumors 6502a

    May 8, 2008
    Sounds like the same song that has been sung by analysts since the iPod. They miss what Apple really is. They are an affordable luxury company. While others chase market share, Apple takes over the top end with usable features that others can’t match for years even though they may have released a subpar version years earlier. Like TouchID and FaceID.

    By ensuring they are profitable on each sale they only need a small percentage of the full market. Also, by being the status mark of success, those who buy the cheaper items aspire to be able to step up.
  19. lunarworks macrumors 65816

    Jun 17, 2003
    Toronto, Canada
    Apple should just drop everything else and focus only on the Mac. If it weren't for emoji we'd have a new Mac Pro by now.

    Crap, it's contagious.
  20. now i see it macrumors 68030

    Jan 2, 2002
    Nobody cares about this statistic. Its meaningless really. At some point when a company gets into the hundreds of billions, more billions doesn't change anything. If  became a 500 Trillion dollar company, everything would still be the same for the end user- buggy software and ever more pared down hardware that gets more & more expensive every iteration.
  21. NT1440 macrumors G4


    May 18, 2008
    Uh, they’ve clearly been making shifts to be less reliant on the iPhone. There have been years of R&D in new fields such as AR. A nuanced take on Apple’s future is they’re very carefully setting up for the age of “ambient computing”.

    What’s amazing to me is that you claim there is nothing new in the pipeline (as if you have insight to that) then immediately give your take on the hypothetical pipeline...which doesn’t exist, according to you.

    As far as growth is concerned, I agree. A company as large as Apple simply can’t grow perpetually, none of them can, which is why we should probably reconsider having the world economy based entirely on the foolish concept of infinite growth. They should also, I don’t know, actually pay their ****ing taxes (as all giant multinationals should) instead of the Irish-double-hogey-with-a-pinch-of-rosemary financial shenanigans they and all massive corporations employ. Just figured I’d throw some of my criticisms in there before being labeled an “apple apologist.”
  22. pat500000 macrumors G3


    Jun 3, 2015
    This is so fake news. As matter of fact, the editor is fake as well.
  23. m4mario macrumors member


    May 10, 2017
    San Francisco Bay Area
    Apple being the most valuable company in the world is one of the few things that's sensible in this world.
  24. djcerla macrumors 68000


    Apr 23, 2015
    And that's where Apple deserves to be. Too many untapped markets. The stock was severely unappreciated even at $230.

    Just think about how many units an Apple toy could sell. And, yes darling, we'll see Apple AI toys sooner than later.
  25. GrumpyMom macrumors 604


    Sep 11, 2014
    They make products with interesting issues and the prices are insane. Doesn't mean anything at this point for Apple.

    The stock market is weird. Bezos left his wife for some other dude's wife and a leafhopper bug appeared out of season and landed on my sweatshirt after an ice storm (for real)...and so up went Apple's value relative to every other company's value. It's magical.

    I expect that to get results like this when every other rumor and discussion about Apple is so filled with stinky cheese, Mr. Cook had to sacrifice a few Huawei phones inside of a pentagram during the night of the werewolf blood moon...or whatever the hell that last super special rare full moon was called.

    My favorite ritual, personally, was the year he had Sia mournfully act out the Zombie Apocalypse after a Keynote. Ahh, that was a great time to be an Apple fan. ;)

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